Page 2 - Dune Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Anguilla? >> so senator, first let me just comment. when we talk about moving, okay, you know, it's not as if i had 50 people sitting in offices, as we've talked about, and moving it. >> i understand. >> i do want to comment. and yes, so dune capital llc, which was our master fund, and not to get into the nuances of this, but when one runs an onshore fund and an offshore fund, there are certain efficiencies of keeping the assets in what's called a master fund. and because we set up the master fund in anguilla, i was required to change dune capital partners to become a foreign entity. that was ...

Anguila? >> senator, first let me just comment. when we talk about moving, okay, you know, it's not as if i had 50 people sitting in office as we talked about and moving it. >> i understand. >> i do want to comment and, yes, so dune capital llc, which was our master fund and not to get into the nuances of this but when one runs an onshore fund and an offshore fund, there's certain efficiencies of keeping the assets in what's called a master fund. and because we set up the master fund in anguila, i was required to change dune capital partners to become a foreign entity. so that was the reason f...