US private equity firm Resolute Capital Partners has appointed Guernsey-based regulatory specialist Midshore Consulting to help it implement an international feeder fund.
Resolute's aim is to internationalise its operations – supporting the growth of proven and early-stage companies – to better serve non-US investors.
Thomas Powell, Resolute's Senior Managing Partner, said: "Working with Midshore Consulting, we performed extensive research to find the right combination of regulation and structure to match the design of the underlying funds and our own international aspirations."
By establishing feeder funds that can be sold to clients across many international jurisdictions, Resolute Capital says it can enable investors outside the US to invest in a more tax-efficient way.
Midshore Consulting MD Christopher Jehan (pictured) commented: "We worked together to design and then implement the best structure to meet Resolute Capital's ambitions. The resulting feeder fund structures can be sold internationally, accessing new markets under Midshore's CompassFunds service as Resolute Capital's global reach continues to extend."
Resolute Capital, Beacon Global Group and Midshore Consulting will continue to work to identify marketing jurisdictions. Midshore will also advise on the regulatory and legal requirements of accessing these new markets.