A new survey of chief financial officers has revealed that
Guernsey is by far the preferred location for private equity fund
administration.
In the Private
Equity News/State Street CFO survey, more than three-fifths
(61%) of respondents said that Guernsey was their preferred
destination for private equity outsourcing.
Jersey was mentioned by 15% of respondents, another 15% chose
London while Luxembourg was the location of choice for 7.7% of
respondents.
Peter Niven, Chief Executive of Guernsey Finance – the
promotional agency for the Island's finance industry, said:
"This is an extremely strong endorsement of Guernsey's
private equity fund administration offering. We have built a
reputation in this asset class during the last decade and this is
yet further evidence of the value placed on our experience and
expertise by key decision makers within some of the principal
players in the sector. This really does reinforce the message that
Guernsey is the leading
