Partner Craig Cordle recently addressed the Guernsey Funds
Forum Webinar exploring the opportunities in private equity and the
commitment that the funds industry can make to sustainability in
business. The following article is based on that
presentation.
There are far more pieces to the jigsaw of launching a fund than
just COVID-19 and so speculating about what the markets are going
to do or about the viability of launching funds over the short term
remains far from an exact science – although it's
probably fair to say that those of us optimistic for a post-summer
pick-up have now started looking towards the first half of next
year.
What we can do here in Guernsey is concentrate on the system
that we have, the island's funds regime and the benefits of
launching a fund here – all of which remain unchanged –
notwithstanding the terrible human impact of the ongoing pandemic.
It is also worth remembering that the reasons for the unfolding
financial crisis are, of