Booklet: Private Ancillary Funds (PAFs) (Chapter 4 – What is a PAF?)
Below is Chapter 4 of our ‘Private Ancillary Funds’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Giving back to the community Chapter 2 – Brief history Chapter 3 – An overview of ancillary funds Chapter 5 – Who can be a trustee of the PAF? Chapter […]
Booklet: Private Ancillary Funds (PAFs) (Chapter 3 – An overview of Ancillary Funds)
Below is Chapter 3 of our ‘Private Ancillary Funds’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Giving back to the community Chapter 2 – Brief history Chapter 4 – What is a PAF? Chapter 5 – Who can be a trustee of the PAF? Chapter 6 […]
Booklet: Private Ancillary Funds (PAFs) (Chapter 2 – Brief history)
Below is Chapter 2 of our ‘Private Ancillary Funds’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Giving back to the community Chapter 3 – An overview of ancillary funds Chapter 4 – What is a PAF? Chapter 5 – Who can be a trustee of the […]
Booklet: Private Ancillary Funds (PAFs) (Chapter 1 – Giving back to the community)
Below is Chapter 1 of our ‘Private Ancillary Funds’ booklet. To read the other chapters of our booklet, click the links below: Chapter 2 – Brief history Chapter 3 – An overview of ancillary funds Chapter 4 – What is a PAF? Chapter 5 – Who can be a trustee of the PAF? Chapter 6 […]
Can a PAF acquire an asset from a founder or other related party?
In summary, a PAF can acquire an asset from the founder (or associate). However, the transaction must be consistent with the PAF’s Investment Strategy and entered into (and maintained) on an arm’s length commercial basis.