Private Equity: No Time Like The Present

Originally published in Private Equity Manager, 27 June 2012

In the first week of June a delegation from Guernsey visited New York and Boston to explore the opportunities for the Island to attract more US private equity business. Here, Peter Niven, Chief Executive of Guernsey Finance – the promotional agency for the Island's finance industry, explains the rationale behind the visit, how the team fared and what happens next.

During the last decade Guernsey has built a strong reputation as a leading jurisdiction for domiciling and servicing private equity funds. In that time we have seen a significant number of the major UK and European private equity houses choosing to use Guernsey and, indeed, some of those, such as Terra Firma, Permira and Apax, have established their own operations in the Island.