The Cayman Islands Segregated Portfolio Company (“SPC”) is governed by Part XIV of the Cayman Islands Companies Law (2016 Revision) (the "Companies Law"), which permits any exempted company to be registered as a SPC. A SPC, which is a single legal entity, may create one or more segregated portfolios which legally separates each portfolio’s assets and liabilities from other portfolios, as well as from the SPC’s general assets and liabilities. The assets are only made available to the shareholders and creditors of the specified portfolio and may not be used to meet liabilities of other portfolios.
SPCs are commonly used by investment funds or mutual funds structures. Examples of entities and activities that have benefited from SPCs are multi-class hedge funds and umbrella funds, which are now able to address cross liability problems among assets and liabilities in the structure. Other examples include multiple tranche debt issue vehicles, property development and securitisation and derivative transactions.
开曼群岛独立投资组合公司 (Cayman Islands Segregated Portfolio Company，简称“SPC”) 是根据《开曼群岛公司法 (2016 年修订版) 》第十四部份的规定存在，该法允许任何豁免公司注册为 SPC。SPC 是一个独立的法人，可创建一个或多个独立投资组合，每个投资组合的资产和负债与其他投资组合相互独立，同时也独立于 SPC 的一般资产和负债。某一个投资组合的有关资产，只供该投资组合的股东和债权人使用，且不得用于偿还其他投资组合的负债。
SPC 通常用于投资基金或共同基金架构，包括多级对冲基金、 和伞型基金等。通过SPC 能够解决架构中资产和负债间的交叉责任问题。SPC其他的应用也包括：多部位债务发行工具、房地产开发和证券化等。