Offshore Feeder Funds vs. Onshore: Why Go Abroad?

Offshore feeder funds in places like the Caymans or Bermuda get a lot of buzz for tax perks and flexibility, but how do they compare to onshore options? What’s drawing investors to set up shop in far-flung jurisdictions—lower costs, less red tape, or just the prestige? Let’s dish on the real differences and what makes offshore the go-to for some feeder fund setups.