Mid-year figures from Jersey's regulator show that the
Jersey Private Fund structure (JPF), launched last year, is
continuing to show strong appeal across the alternative asset
classes.
According to statistics collated by the Jersey Financial
Services Commission (JFSC), 130 JPFs had been established by 30
June this year holding combined total assets under management (AUM)
of £19.4 billion.
The figures also show that around half of the AUM figure (48%)
is attributed to infrastructure, debt and credit funds, whilst
hedge funds account for almost a third (29%). Private equity and
venture capital funds make up 16% of the total.
The JPF was added to Jersey's suite of fund structuring
options in April 2017, and was introduced to provide institutional
and professional investors with a more streamlined and fast-track
regime with tailored ongoing regulatory requirements.
