The introduction of a formal professional fund policy in Jersey may enhance the island's ability to compete with other private and professional fund domiciles. Adrian Odell examines the details
March 05, 2003 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Promoters of offshore funds tend to favour jurisdictions offering special regulatory regimes for funds that will be made available to a limited number or defined group of investors – private funds.
Alternatively, certain jurisdictions impose stringent minimum investment requirements or which will be made available for investment to sophisticated or high net worth investors only – professional funds.
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