Bluecrest First To Register A Guernsey LLP

Hedge fund manager BlueCrest has become the first firm to register a Limited Liability Partnership (LLP) in Guernsey.

The Limited Liability Partnerships (Guernsey) Law, 2013 came into force on Tuesday (13 May) and on the same day BlueCrest Holdings LLP became the first Guernsey LLP to be incorporated by the Guernsey Registry.

BlueCrest has been advised by Guernsey law firm, Carey Olsen, through Corporate Partner, Tom Carey, and Senior Associate Adrian Sarchet.

Mr Carey said: "BlueCrest was one of the first businesses to recognise the benefits of having a Guernsey LLP in their structure and we are proud to have assisted them with this historic first. This further cements BlueCrest's presence in Guernsey following its migration in 2010.