Private Investment Fund: JTC / ACM Limited (ACM)

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 comprised group partner Paul Wilkes, senior associate Gareth Morgan and associate Michael Lyner.

Gareth commented: "It is fantastic so see yet another fund with strong African and South African links being set up in Guernsey under the PIF regime. Over the past 18 months, Collas Crill has worked to reinvigorate Guernsey's strong historic links with South Africa and we hope to assist more managers like ACM to bring their business, and innovative thinking, to Guernsey in the future.

Related articles

Deals and cases +
Collas Crill assists Jacobi Bitcoin ETF to broaden investor base
05/06/25 Collas Crill has assisted Jacobi Asset Management in securing the relaxation of investment...
Deals and cases +
Collas Crill congratulates debut fund launch
16/04/25 Collas Crill congratulates consultant, and former partner, Paul Wilkes and his team at Osn...
Deals and cases +
Jakob International Inc v HSBC Private Bank (Suisse) SA, Guernsey Branch
30/07/24 Partner Michael Adkins and Senior Associates Quentin Bregg and Amy Davies recently acted i...
Deals and cases +
Collas Crill advises Le Masurier on Les Sablons regeneration project planni...
11/12/23 Collas Crill has played an integral part in an appeal to the Royal Court to overturn the d...