Deloitte Cayman Islands Technical Brief for Investment Funds

The Cayman Islands continues to be a jurisdiction with a significant number of registered investment funds. At the beginning of September 2024, there were approximately 13,000 Mutual Funds (open-ended funds) registered in the Cayman Islands and approximately 17,000 registered Private Funds (closed-ended funds). The approximate 30,000 total registered funds compares to around 29,500 at the end of 2023. 

Also, since 2020, when the Cayman Islands introduced a virtual asset service provider framework, there has been an increase in the number of registration applications for business and services in the digital assets industry of the Cayman Islands.

Our 2025 Tech Brief shares perspectives into:

• Upcoming accounting and financial reporting standards that investment funds and their managers may have to contend with.
• Recent regulatory updates directly or indirectly affecting investment funds.
• The voluntary liquidation process for Cayman Islands investment funds.