British Virgin Islands
Answer ... Select service providers that you like working with and that have a good understanding of your strategy, and get your administrator on board at an early stage. Explore banking options early to avoid any delays to launch, as opening bank accounts can be time consuming. Consider where you are going to market the fund and take legal advice in the relevant jurisdictions to ensure that you comply with local private placement regimes. Keep a diary of key reporting deadlines and a list of continuing obligations, so that you ensure that the fund is fully compliant and avoids any penalties or fines.