Walkers Jersey team has advised a newly-formed London-based Investment Manager on the establishment of a new Jersey private fund.
Group partner Leanne Wallser and senior associate Joseph Barker-Willis advised on the Jersey law elements of the fund launch, working with lead counsel Schulte Roth and Zabel LLP. The Jersey Private Fund has been formed to take advantage of the manager’s access to private opportunities across different geographies and sectors, and will invest in private growth opportunities globally where the Fund’s capital will help to accelerate growth and enhance value creation.
Earlier in the year, the Walkers Jersey Investment Funds and Corporate Practice Group also advised the London based Investment Manager in connection with the establishment of its new UK asset management business which will invest in less liquid alternative assets such as hedge funds and private equity on behalf of institutional investors and family offices and raised a US$1bn for its launch.
Leanne said: “We are very pleased to have been able to advise on both the establishment of its new business and the launch of this fund – this is another example of the versatility of the JPF model, and further demonstration that Jersey’s access to European capital markets via the National Private Placement Regimes is holding up and is a clearly understood selling point for the Island as a funds jurisdiction”.
