In a news cycle that can seem relentlessly gloomy, there are
some positive stories to be told and the increased activity in
private equity is one of them. In an article for Jersey's
Connect Magazine's August 2020 edition, Partner James Fox
looked beyond the financial services industry at the wider social
and economic benefits of this growth.
Anyone who has even a passing interest in the Jersey financial
services sector will have seen positive news and results for the
funds industry in general and the private equity sector in
particular.
Jersey's private equity industry saw a 19% year-on-year jump
in business according to recent Jersey Funds Association
statistics. The Jersey Private Fund goes from strength to strength
with there now being over 350 established in the space of a few
years.
