Guernsey's new Manager Led Product (MLP) was warmly received
by a London funds audience when it was launched at the Guernsey
Funds Forum last week [12 May].
Nearly 500 delegates attended the annual funds conference, which
this year saw Luke Johnson, Chairman of private equity house Risk
Capital Partners and former Chairman of Channel 4 Television,
appear as keynote speaker. The event, entitled 'The new scope -
investor perspectives, innovation and success', was moderated
by ITV News anchor Alastair Stewart OBE, and took place at etc.
venues, 155 Bishopsgate, London.
Guernsey Finance Chief Executive Dominic Wheatley said the
annual showcase was the perfect setting to announce the immediate
launch of the MLP, which aims to ensure a proportionate risk-based
level of product regulation for any Alternative Investment Fund
Manager (AIFM) that establishes itself in Guernsey and seeks to
market into Europe under the National Private Placement Regime
arrangements.
