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ARTICLE · 27 SEPTEMBER 2016

Whitepace Technology Fund Founder Moves To Guernsey

Locate Guernsey has helped tech fund manager, Nick Magliocchetti, become the latest businessman to move to the island.

GuernseyWealth Management

Locate Guernsey has helped tech fund manager, Nick Magliocchetti, become the latest businessman to move to the island.

As well as moving his home to the island after spells living and working in London, Paris, Milan, New York, Moscow and the Balearics, Mr Magliocchetti has also selected Guernsey as the base for his new fund and other enterprises.

"The welcome and clear opportunities to add value here on a personal and corporate level was a big decider for me to consider Guernsey as a suitable location for me and the new structure," said Mr Magliocchetti.

"The regulatory environment and the excellent professional services community were very big positives. We firmly believe there are technologies out there that can significantly move the dial on a global scale. We want to bring these technologies to Guernsey, not only as investment opportunities but also as tech to add value to Guernsey, its companies and the also hopefully the government."

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