Jersey Funds Law Series: Investment Fund Structures - Which One To Choose?

KEY TAKEAWAYS

• Jersey has a long-established reputation as a fund domicile for alternative investment funds.

• The most popular fund structures in Jersey include companies (whether single class, multi-class, umbrella, incorporated and protected cell companies), limited partnerships (or incorporated limited partnerships or separate limited partnerships) and unit trusts.

• The management of the fund will sit with the board of directors of: (i) the fund itself (where it is a company), (ii) the general partner (where the fund is a limited partnership) or (iii) the trustee (where the fund is a unit trust).

One of the key features of Jersey's fund industry is the flexibility and range of structures available.