I have an existing approved 13O/13U fund. What should I do if I wish to change in the fund manager of the 13O/13U fund from a Licensed Fund Management Company (“FMC”) to an SFO?
- Please notify MAS, by writing to the officer-in-charge (“OIC”) and covering officer, and to FO_13OU@mas.gov.sg , on your intention to appoint an SFO as the manager of the fund.
- We would like to highlight that the conditions applied to a 13O/13U fund managed by a Licensed FMC differ from the conditions applied to a 13O/13U fund managed by an SFO. For example, certain economic conditions and the number of Qualified Investment Professionals differ.
This information is sourced from MAS
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