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ARTICLE · 07 JANUARY 2008

Guernsey – A Private Equity Success Story

Since 2000 Guernsey has been growing its reputation as a leading private equity domicile. However, events of the past few weeks and months have really crystallised the fact that the Island is now the jurisdiction of choice for private equity.

GuernseyWealth Management

Originally published in Investor Services Journal, December 2007.

Since 2000 Guernsey has been growing its reputation as a leading private equity domicile. However, events of the past few weeks and months have really crystallised the fact that the Island is now the jurisdiction of choice for private equity.

The latest statistics released by the regulator, the Guernsey Financial Services Commission (GFSC), show that overall fund business in Guernsey grew by £8.9bn (5.7%) in the three months to the end of September despite significant market turbulence during the quarter. That took the total value of funds under management and administration to a new high of £164.5bn an increase of £44bn (36.5%) year on year.

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