Family offices embrace Singapore's fund structure to manage money

An increasing number of single family offices are examining the variable capital company (VCC) route for establishing their presence in Singapore, as the country's regulatory landscape evolves and new entities struggle with prolonged family office application processes. Victor Sanlorien DLA Piper “The VCC has become increasingly popular for family offices. Typically, a third-party licensed fund manager sets up an umbrella VCC with different sub-funds, which are then offe…