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ARTICLE · 02 FEBRUARY 2012

Jersey Private Placement Fund – A New Development

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On 26 January 2012, the Jersey Financial Services Commission (JFSC) introduced the Jersey Private Placement Fund Guide.

JerseyWealth Management

On 26 January 2012, the Jersey Financial Services Commission (JFSC) introduced the Jersey Private Placement Fund Guide. A Private Placement Fund which satisfies the eligibility conditions set out in the guide may be established using a streamlined three day authorisation process providing certainty regarding regulatory conditions and treatment following establishment.

What is a Private Placement Fund?

A Private Placement Fund is a closed-ended investment fund established in Jersey or, if established outside Jersey, managed in Jersey, participation in which is offered to not more than 50 potential investors. Offerees must be either Professional Investors or Sophisticated Investors (see below).

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