Ben Morgan, Partner and Head of the Corporate and
Finance Group at Carey Olsen in Guernsey, reflects on latest
statistics which showed £20 billion growth in the total value
of funds business in the island over 12 months to September
2017
Some of the world's biggest private equity managers launched
several multi-billion pound funds in Guernsey in 2016. This is
clearly coming through in the closed-ended fund statistics for 2017
which has enjoyed almost double-digit growth (up £13.7
billion over the 12 months to the end of September, nearly 9%).
For the closed ended fund sector Guernsey has continued to
dominate various sectors of the alternative fund
market. Guernsey continues to be the number one jurisdiction
in particular for the large buyout houses. It also remains the
number one jurisdiction behind the UK for London Stock Exchange
listings. Given the massively oversubscribed fund raisings
enjoyed by so many Guernsey alternative investment fund managers
over the
