Glossary · Equity & fund structure
Cayman feeder
An offshore vehicle that channels LPs into a master fund, typically for tax and onboarding reasons.
Why it matters
It lets non-US, non-EU LPs commit without distorting the master structure.
Related
- Master-feeder
A structure where multiple feeders — onshore and offshore — pool into one master fund that actually invests.
- RAIF (Reserved Alternative Investment Fund)
A Luxembourg vehicle, AIFM-managed, fast to launch and EU-passportable. Skips the CSSF product approval.
- SPV (Special Purpose Vehicle)
A single-purpose entity that holds one asset or deal, ring-fenced from other liabilities.
Words are easy. A match is hard.
GPX turns one deal document into a ranked, briefed shortlist of the lenders and investors that actually fit — debt and equity.