Jersey is long established as a primary centre for the
establishment of offshore funds and has been at the forefront of
international developments, which have attracted international
sponsors, promoters, fund managers, advisors and investors. One of
the key features of Jersey's fund industry is the flexibility
and range of structures and corresponding regulatory and commercial
approaches that can be used for funds.
Jersey Private Funds (JPFs)
The Jersey Private Fund Guide (the JPF Guide)
issued by the Jersey Financial Services Commission (the
JFSC) defines a JPF as a private investment fund
involving the pooling of capital raised for the fund and that
operates on the principle of risk spreading. It describes certain
vehicles that are not intended to fall within the scope of the JPF
Guide, which broadly include holding companies, joint ventures,
securitisation vehicles, family office vehicles and carry/
incentivisation vehicles. A JPF may be structured in Jersey as