Governance & Regulation
Pelagic is based in the Republic of Cyprus, an important ship management centre and a jurisdiction of choice for Fund Managers and Alternative Investment Funds. Thanks to its recently modernised legislative and regulatory framework, Cyprus is fast emerging as an investment fund centre. Enacted in 2018, the Alternative Investment Funds Law provides investor protection and transparency through a regulatory framework which is aligned with the EU directives.
The fund is supervised by PWC Fund Services Cyprus, a mandatory licensed AIF Manager, which provides risk management and compliance services, ensuring that the fund is administered within the terms of the Prospectus and Cyprus Securities and Exchange Commission requirements.
We are externally managed by GMM Capital (NEED MORE DETAIL) and audited by Deloitte.