Snapshot: Growth of Private Equity and Alternatives in Guernsey – Commentary

Statistics released from the latest edition of the Guernsey Fund Report by Monterey Insight show that private equity and venture capital funds remain the most popular product of managed funds, together outpacing asset allocations with $388.4 billion. dollars at the end of June 2021, followed by alternative investment, with asset allocations at $60.8 billion.

Private equity or venture capital funds are also the most popular in terms of assets under management for Guernsey-domiciled funds, accounting for $307.2 billion (a 31% increase from a year-over-year), followed in second place by alternative investment funds with $50.2 billion. (representing a 54% year-over-year increase).

The continued growth of these fund sectors in Guernsey is not surprising as fund managers continue to favor jurisdictions such as Guernsey which can provide real substance, a proportionate and robust regulatory regime, tax neutrality and a sector first-rate and well-established professional services. – while adhering to international standards for combating financial crime and promoting environmental, social and corporate governance and sustainability.

As a small, innovative jurisdiction, Guernsey offers a range of structured fund products that offer significant speed to market, making it a compelling proposition for fund managers.

For more information on this subject, please contact Richard Doyle, Bryon Ree Where Tim Clipstone in Ogier by phone (+1 284 852 7300) or email ([email protected], [email protected] Where [email protected]). The Ogier site is accessible at the address www.ogier.com.

Endnotes

(1) For more information, please see the short guide to the Guernsey Funds Regime.

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