Simon Tortell & Associates
Banking & Finance · Malta
Practice Areas:Investment Services, Corporate and Commercial Law, Gaming, Company Compliance
Education and Career:
Bachelor of Arts and Humanistic Studies, University of Malta, 2000
Doctor of Laws, University of Malta, 2003
Master of Arts (Financial Services), University of Malta, 2006
Head of Legal and Compliance, GlobalCapital p.l.c, 2003-2008
Chief Legal Officer, ITL Advisory Services Limited, 2008
Associate, Simon Tortell & Associates, 2009
Simon Tortell & Associates is one of Malta's leading firms in the investment services business. The firm’s client base in this sector is largely international, hailing from the United States of America, Canada, South Africa, Australia, New Zealand, United Kingdom, Denmark, Ireland and Portugal among others. The investment fund portfolio includes leading investment banks, international fund managers and global administrators.
The firm has experience in the structuring and licensing of both retail (UCITS and non-UCITS), open-ended and closed-ended funds, as well as professional investor funds (experienced, qualifying or extraordinary). We have advised clients on different structures which include multi-fund/class funds, funds of funds, tracker funds and master/feeder funds. We have also provided assistance on the development of alternative investment policies and strategies and investment in less traditional, alternative and complex asset classes.
We have set up several professional investor funds (“PIFs”), i.e. lightly regulated funds with few investment restrictions and whose service providers can be situated outside Malta. As a result of this flexibility, PIFs have proven to be a highly sought after vehicles by our clients.
With the exception of PIFs targeting experienced investors, PIFs can invest freely in whatever they wish. Therefore they can take both long and short positions, use arbitrage, trade undervalued securities, futures, options and derivatives, and invest in any opportunity in any market.