Ogier advises Voleon on multi-tiered, multi-fund structure

Ogier advised Voleon on the establishment of an open-ended investment fund within a multi-tiered, multi-fund structure, created to allow investments in multiple underlying portfolio funds advised by the group.

Voleon's unique approach to investment management, through the prism of machine learning, applies flexible statistical models to the problem of financial prediction.

Voleon's portfolio funds are among the largest to exclusively use artificial intelligence to trade, a trading strategy that has led to much success for Voleon, almost doubling its AUM since the beginning of 2019.

Ogier advised on all Cayman Islands aspects of the fund launch and also worked closely with the Voleon legal team to prepare bespoke fund documentation to permit Voleon to "rebalance" the fund's exposure to different underlying portfolio funds in short notice.