Fiona Le Poidevin, chief executive of Guernsey Finance,
on why the Channel Island is home to many established private
equity businesses.
As a jurisdiction, Guernsey has become synonymous with private
equity. There are about 850 investment funds used for cross-border
distribution around the world. The island is also home to a wealth
of expertise and infrastructure that handles the structure,
management and administration of private equity funds.
Apax, BC Partners, Mid-Europa, Permira and Terra Firma are some
of the private equity firms that have established operations in
Guernsey, which is a testament to the infrastructure available
here. In addition, Ashmore, Better Capital, Cinven, Coller Capital,
HarbourVest, Neuberger Berman and Pantheon utilise Guernsey
investment structures. Investors and promoters are reassured by the
position Guernsey has taken over the Alternative Investment Fund
Managers Directive (AIFMD). Guernsey is not in the EU (or wider
EEA) and