Fiona Le Poidevin, Chief Executive of Guernsey Finance,
explores the virtues of Guernsey for private equity.
During the last decade Guernsey has built a strong reputation as
a leading jurisdiction for domiciling and servicing investment
funds, especially private equity.
Figures to the end of December 2013 show that the value of funds
under management and administration in Guernsey reached nearly half
a trillion US dollars, with the net asset value of private equity
funds reaching more than $146 billion – a rise of 6.2% over
the year.
Indeed, global private equity houses Apax, Apollo, BC Partners,
Cinven, Coller Capital, Mid Europa, Pantheon, Permira and Terra
Firma have all either successfully raised multibillion dollar
Guernsey-domiciled funds in the last couple of years or established
Guernsey operations. Guernsey's M&A scene has also been
buoyant, with Appleby's Offshore-i report to the end
of last year showing that there was an increase in Guernsey
companies
