Despite difficult market conditions, the number of private equity funds (structured almost exclusively as limited partnerships) established in or operated from Jersey has seen a marked increase in the first three quarters of 2003.
As with many other financial services sectors – and the stock market highs in September – the appetite for private equity investment is once again on the increase. The number of fund closings witnessed in 2003 is further evidence of investor confidence returning to the market. Further growth recovery is anticipated in 2004.
