Carey Olsen partner Andrew Tually explores how Guernsey has
established itself as a premier jurisdiction for investment funds:
offering proportionate, principle-based regulation, a neutral tax
environment, speed to market, and competitive ongoing
costs.
An original version of this article was first
published by IFC Review, Tuesday 20 August, 2024
With respect to venture capital (VC) funds in particular, recent
research conducted by global law firm Proskauer Rose LLP has
revealed that Guernsey remains the most prevalent jurisdiction for
European VC funds, with twice as many funds raised in Guernsey
during 2022-2023 as compared to the next most popular
jurisdiction.1
As the leading legal adviser to Guernsey's investment funds
sector by both number of funds advised and by assets2,
we believe this trend is attributable to the following features of
the Guernsey investment funds landscape:
