The hugely popular Jersey Private Fund
("JPF") has been a global success story
for Jersey since its launch in 2017 following the publication of
the Jersey Private Fund Guide (the "JPF
Guide") by the Jersey Financial Services Commission
(the "JFSC").
This simplified Jersey private fund product was established on
the basis of a light-touch regulatory regime, with emphasis placed
on the regulated Jersey fund administrator (the "designated
service provider" or "DSP") to
assess the suitability and track record of a fund promoter and to
keep the JFSC notified of any changes to the fund over its
lifespan.
Jersey has a wealth of regulated administrators with experience
in all asset classes able to provide the support and services of
the DSP role.