Scotstone Investments Limited

Scotstone Investments Limited (“Scotstone”), an international investment company founded in 2006 in the Cayman Islands, provides international investment hosting services to funds, on Malta and Cayman Islands hosting platforms.

The choice of Malta as a fund domicile is to meet the growing restrictive requirements of the European Union (“EU”) on the management and/or marketing of non- EU funds in the EU. Malta is a member of the EU and has an excellent financial legal infrastructure on a par with the currently better known jurisdictions of Dublin and Luxembourg. One will also get better value for money in Malta when considering that costs are far cheaper. It is also good to mention that the Malta Financial Services Authority (“MFSA”) is highly reputable in Europe and easily approachable.

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The choice of Cayman Islands is for managers not wanting to access the EU market. Cayman is still by far the domicile of choice for international managers. Recent regulatory changes by the Cayman authorities have meant that the jurisdiction has improved its reputation as an off-shore jurisdiction.

Scotstone uses the multiple fund administration facilities of the IDS Group. The IDS Group is the leading alternate fund administration group in Africa and a growing international presence through Malta, having an aggregate of over US$7bn in assets under administration and 110 employees. Scotstone benefits from being able to utilize this depth of expertise and resource as required, at the best possible costs and quality to our clients. For more information on IDS Group, please visit www.idsfundservices.com.

Scotstone operates across Europe and the Americas, with interests in the Cayman Islands, London and Malta. Of these, Malta is the primary center for fund administration and management. It is particularly relevant because investment managers, particularly third country Alternative Investment Fund Managers, face additional requirements in order to market their funds within Europe. Unless the fund or the manager are domiciled within the EU, this causes potential problems for managers. Scotstone offers multiple services to fund managers, to help solve the issues related to these changes, and to improve their performance and profitability in other areas:

Cayman Solution

Scotstone Cayman SPC

Scotstone Funds SPC, a Cayman Islands domiciled platform to be available for managers wishing to establish a Cayman Islands fund through a hosted cell (the “Company”).

The Company is a Cayman Islands domiciled Mutual Fund having an umbrella structure, meaning that it is able to issue shares to create sub-funds. Investment restrictions and minimum investment amounts will apply to each sub-fund as determined in the respective sub-funds’ offering documents and in accordance with Cayman Islands regulations.

EU Solution – Vanilla

THE PLATFORM

Scotstone has two open ended umbrella fund platforms (the “Platforms”) established to provide investment managers a cost effective method of managing their own fund vehicle.

The Platforms are Maltese domiciled limited liability investment companies with variable share capital licensed as collective investment schemes in the form of Professional Investor Funds having an umbrella structure. Each respective investment company is able to issue shares to create segregated sub-funds targeted to Experienced Investors, Qualifying Investors and Extraordinary Investors. Investment restrictions and minimum investment amounts will apply to each sub-fund as determined in the respective sub-funds’ offering documents and in accordance with Maltese regulations.

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AIFMD Funds

Scotstone is in the process of establishing a platform for AIFMD funds.

Sub-fund Requirements

The platform will be established to allow the creation of distinct sub-funds. Each sub-fund will be legally separate from the other sub-funds on the platform and there will be no cross liability between sub-funds. The manager will be able to select which type of Alternative Investment Fund is most appropriate for the given strategy and investor base. It is therefore possible to create sub-funds targeted to Experienced Investors, Qualifying Investors and Extraordinary Investors. The funds are established as Externally Managed Funds and the manager will be required to be regulated in a recognised jurisdiction.

Funds are able to stay on the platform indefinitely. However, the Directors reserve the right to renegotiate the terms of remaining on the platform if assets do not rise to a commercially viable level within two years.

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