Where Things Stand: Completed vs In Progress

Here is where things stand as we move toward launch — the completed column and the in-progress column, in plain words. 

Completed. Company formation is done. FSC registration is done. Our independent service providers — administrator, custodian, and legal counsel — are now onboarded, a step that was still in progress when we wrote to you last month. And the CIS Fund Licence is approved, the milestone we celebrated in Issue #01. 

In progress. Four workstreams remain. Final regulatory steps are being completed with the Mauritius FSC. The investor onboarding process — how eligible investors will verify, subscribe, and fund — is being designed and tested. The education content library, of which this newsletter is the first layer, continues to grow. And fund launch preparation ties all of it together. 

The direction of travel matters as much as the list: every item that was in progress last month has either completed or advanced. We remain not yet open to investments — and as always, you will hear it from us directly, through this newsletter and our official channels, when that changes. Nothing you encounter elsewhere should be treated as an invitation to invest. Next month’s update will report progress on the same four in-progress workstreams, so you can track them issue over issue.