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Cayman Islands Amends Exempted Limited Partnership Law

May 2009 Kevin C. Butler

The Exempted Limited Partnership (Amendment) Law, 2009 came into force 11 May 2009. Since the Exempted Limited Partnership Law was originally passed in 1991, the use of exempted limited partnerships (“ELPs”) in private equity and alternative investment funds has grown extensively. This article summarises notable amendments which have been made in response to industry needs.

 

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Cayman Islands Amends Exempted Limited Partnership Law

 


Kevin C. Butler
Partner, Head of Cayman Islands Office and Corporate Practice

Cayman Islands   +1 345 814 7374


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