Collas Crill, together with JTC, has advised on the establishment of ACM Limited (ACM), an open-ended investment fund, and its registration as a Private Investment Fund with the GFSC. ACM intends to invest in listed stocks with high liquidity, and commodities, with an expected investor base of both UK, African and South African investors.
Mr Christo Wiesner, director of ACM's investment manager, African Capital Managers Limited noted: “African Capital Managers limited is an investment manager focusing on truly alternative investment strategies; we are non-traditional in our thinking and challenge the traditional norms. As such, we considered Guernsey as a jurisdiction, and the PIF as a fund structure, was a great fit for us and our future strategies".
The Collas Crill Guernsey team was led by group partner Paul Wilkes.