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No mandatory hedge fund redemptions for investors if the fund is domiciled in the Cayman Islands.
So… does this mean there won’t be more redemptions? I thought that’s what was coming next, the final run on the shadow banking system. But everyone’s based in the Caymans, so. . .what is this all about?
Will the Caymans have a new tourism slogan, like “What happens in the Caymans stays in the Caymans” or “Come to the Caymans and visit your money” or “Solving your tax problems the old fashioned way” . . .
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