Singapore Family Office VCC Structure: When a VCC Fund Helps – and When It Creates New Governance Risk
A Variable Capital Company, or VCC, can be useful where a family office needs a more organised fund platform for pooling capital, creating sub-funds, appointing a fund manager, and documenting investment governance. ACRA describes VCCs as capable of being set up as standalone VCCs or umbrella VCCs with sub-funds. MAS and ACRA launched the VCC framework in January 2020 as part of Singapore’s fund domiciliation and asset management infrastructure.
