Caribbean hedge funds

The top three domiciles for hedge funds in 2000 were the Bahamas, Cayman Islands and British Virgin Islands, according to statistics from Standard & Poor's. It was the same in 1999, with Bermuda again coming in in fourth place. Lawyers usually manage the legal, tax and documentary process of establishing a hedge fund on behalf of the hedge fund manager, according to Stuart Martin, a partner of legal practice Dechert. He said: "The final choice of domicile will depend on an assessment of a number of factors, including required fund structure, the ability of a domicile to deliver that str...