100th Jersey Private Fund registered

Posted: 05/03/2018

Geoff Cook Jersey Finance 30/1/15The Jersey Financial Services Commission has reported sustained uptake in the Jersey Private Fund (JPF), with 100 structures formed less than a year since its launch. The commission registered the 100th JPF on 2 March.

As the latest addition to Jersey's suite of fund structuring options, the JPF was introduced to provide institutional and professional investors with a more streamlined regime under which funds for up to 50 investors could be established in as little as 48 hours.

Geoff Cook (pictured), CEO of Jersey Finance, commented: "Our reputation as a specialist funds centre is based on our ability to provide speed to market and expertise, as well as appropriate regulatory oversight.

"The clear evidence is that the prospect of 48-hour authorisation for funds with up to 50 investors is playing out well among fund managers."


Add a Comment

  • *
  • *
  • *
  • *
  • Submit
BL City Magazine

Want to know when we publish new content?

All you need to do is sign up for our newsletter.You'll receive a daily summary email of new items which have been published.

Please be advised that the volume of Business News articles which we publish is fairly high and you should expect to receive an email most days.

You can update your preferences at any time by registering for a blglobal.co.uk account and visiting the 'Your Profile' page.



Subscribe

It's easy to stay current with blglobal.co.uk.

Just sign up for our email updates!

Yes please! No thanks!