ML Funds SPC is a multi-manager platform for early stage hedge fund managers with centrally coordinated operational, marketing and distribution functions.

Our managers benefit from significant economies of scale, high-end infrastructure, highly qualified and experienced management and coordinated distribution support.

Our investors get exposure to early stage managers – a category generally accepted to offer very attractive performance characteristics - without the associated business or infrastructure risk.

ML Funds creates partnership with promising early-stage investment managers and provides these managers with operational support and distribution capabilities to complement portfolio manager’s alpha-generating skills.

Segregated Portfolio Company

The SPC remains a single legal entity and creates segregated portfolios (SPC cells) such that the assets and liabilities of each Portfolio are legally separate from those of any other Portfolio and from the SPC's general assets and liabilities.

Each cell is a separate portfolio in terms of investment strategy and investment mandate.

The name of each segregated portfolio (SPC cell) must include letters s.p. or spc, it is however to be perceived as a full fledged hedge fund from capital raising perspective.

All the agreements shall be executed by the SPC on behalf of the particular Segregated portfolio. Using standard master agreements with service providers significantly reduces legal and operational cost for investment managers. The only documents to be customized are offering memorandum and subscription documents from investment terms perspective.

Each segregated portfolio (SPC cell) can be managed by a separate investment management company, one investment management company may be appointed to manage multiple cells.

Different advisory teams may be appointed by the same investment management company to provide advisory services in respect of different segregated portfolios (SPC cells).

One or more classes or series of shares may be designated to each Segregated portfolio which allows to accommodate investors with different terms and fee arrangements.

Each Segregated Portfolio may pay distributions or dividends independently of other cells.

The administrator, custodian and prime broker are appointed for the entire segregated portfolio company which allows to significantly reduce infrastructure expenses for each SPC cell.

Fund services expenses are shared between the cells based on work load attribution. Each segregated portfolio (SPC cell) may appoint additional service provider, e.g. execution broker, which will increase the cost of administration for the particular cell.