Case 6: Planned and Implemented Offshore PCC Property Fund
Sourced, Arranged Finance and Structured residential and commercial PCC property investment funds for the following jurisdictions Spain, Portugal, Egypt, Turkey and West Africa.
A PCC "Protected Cell Company" is a corporate entity which holds assets in one or more segregated cells. The purpose of such a structure is to separate the assets in each cell from those in the other cells. In this way companies that are perhaps not large enough to form a captive in their own right may, for example, use a "captive"-type structure.
PCGC structured the fund as a Protected Cell Company (PCC) where each Cell has a specified investment strategy as detailed in the Principle Memorandum and Offer for Subscription documents. The funds operate as Qualified Investor Funds where there are certain requirements that must be met prior to an investment being accepted.
Following the successful launch of the cells it has generated considerable interest from investors and their advisors keen to access the relatively high returns available from International property investment.
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