Combining flexibility with cost and time efficiencies,
Lauren
Salkeld, Client Director - Alternative
Investments examines the rising popularity of the Jersey Private
Fund (JPF) product and its suitability for venture capital and
start-up promoters.
Introduced in April 2017 to provide institutional and
professional investors with a more streamlined funds regime, the
JPF product has steadily grown in popularity as fund promoters and
managers search for a flexible solution for structuring private
funds. As at 31 March 2019, there were 215 JPFs registered in
Jersey, totalling an estimated £19.4 billion.
Although the JPF product is attracting attention from a wide
range of fund promoters due to its simplifying of the go to market
process, we have witnessed an emerging trend of venture capital and
start-up firms choosing the JPF structure. This is supported by
strong and sustained venture capital investment in Europe - 2018
witnessed funding surpass €20 billion for the
