Some US private equity fund managers are currently
avoiding marketing into Europe due to onerous EU regulation but the
fund domicile and service centre of Guernsey offers a commercially
aware and pragmatic solution, says Fiona Le Poidevin, Chief
Executive of Guernsey Finance.
This year was the third in a row that Guernsey Finance has sent
a team to an investment funds conference in Boston. Attending
SuperReturn in June, I was struck by the number of private equity
houses who are now concentrating on investing solely into the US
market and, in many cases, avoiding Europe.
Albeit the domestic US market is currently outperforming many
others, the financial crisis in the Eurozone means that there are
investments in Europe offering upside and US managers will still
pursue those niche opportunities where there is a clear case for
strong returns..
