As it welcomes new acquisition Legis, Orangefield is perfectly
placed to advise clients on the National Private Placement scheme,
says Patricia White.
How effective is Guernsey's National Private
Placement scheme in cooperation with AIFMD in Europe?
Patricia White (PW): The National Private
Placement (NPP) scheme is working really well for Guernsey in all
key markets, especially the UK. It is particularly effective when
funds are placing in three or four countries, making it easier to
negotiate. If there are many more, there is the possibility that it
may become too onerous.
Is the NPP a viable alternative?
(PW): Absolutely. Alternative investment fund
managers using the NPP route have a quicker and cheaper option
available to them than those required to be fully compliant with
the Alternative Investment Fund Managers Directive (AIFMD), and
this route should be chosen where possible.
