PACES offers a full suite of services through a single platform, from investment management and holding vehicles
Established as an umbrella VCC with multiple Sub-Funds
Suitable for individual investors looking for tax efficient fund structures and global family offices looking for asset protection
All specified income from designated investments under CSF Sub-Fund will be exempt from tax in Singapore

Variable Capital Company (VCC) Features

Ringfencing via Segregated Portfolios

Weighing your objectives against your risk tolerance and requirements.

Distribution of Profits

Unlike companies which can only pay dividends out of profits, a VCC is able to pay dividends out of capital

Corporate Governance

The VCC fund is managed by external third-parties for fund accounting, auditing and corporate matters which ensures a high standard of governance and oversight

Privacy

No obligation to disclose financial statements and register of shareholders is not for public inspection

Tax treatment and incentives

PACES CSF has received the S13O tax exemption and hence provides tax certainty on the treatment of gains which comparatively may subject tax resident individuals and companies to Singapore tax on trading gains

Cost Savings with Economies of Scale

Common board of directors and service providers for VCC and all Sub-Funds, reduces operational costs

Schematic Structure

VCC Board of Directors

Appointed by VCC via an Investment Management Agreement to manage the funds of the VCC and operate the Sub- Funds

Umbrella VCC

Investors of Sub-Fund 1
Investors of Sub-Fund 2
Investors of Sub-Fund 3
Investors of Sub-Fund 4
Investors of Sub-Fund 5
Sub-Fund 1 :
Macroeconomic Fund
Sub-Fund 2 :
Private Equity Fund
Sub-Fund 3 :
Private Equity Fund
Sub-Fund 4 : TBC
Sub-Fund 5 : TBC
Assets in Banks / Brokers
Assets held with Fund Administrators
Assets held with Fund Administrators

PACES AS YOUR FUND MANAGER

Fund Formation

We assist you in the formation of your sub-fund, any SPV entities, applications and accounts

Fund Co-ordination

We assist you in the formation of your sub-fund, any SPV entities, applications and accounts

Due Dilligence

Efficiently assess counterparty risk, ongoing monitoring and eliminating the bad actors