Newly Created Guernsey Fund Structure Aims to Reduce Cost, Increase Efficiency and Aid Speed to Market

Northern Trust (Nasdaq: NTRS) and Carey Olsen have assisted GMT Communications Partners LLP in launching a Guernsey Private Investment Fund (PIF). The new PIF structure, introduced by the Guernsey Financial Services Commission at the end of 2016, aims to significantly reduce the cost and processing time for launching a fund and provides fund managers with […]

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Collas Crill advises on Healthcare Venture Fund

Collas Crill has advised on the establishment of BioMedInvest III, BioMedPartners’ third Guernsey-domiciled equity venture capital fund, closing at CHF 75 million. BioMedInvest III LP is a collective investment scheme authorised by the Guernsey Financial Services Commission. It is the third Guernsey-domiciled BioMedPartners fund, administered by Louvre Fund Services. The fund is a healthcare venture […]

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Ipes wins at the Private Equity Awards 2017

Ipes has been recognised as Fund Administrator of the Year at the 2017 Private Equity Awards. Now in their sixteenth year, the awards recognise those in the private equity industry and those who advise it. Ipes’ submission focused on its innovation and leadership to support the private equity industry, as demonstrated by the launch of […]

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Carey Olsen sees strong interest in Guernsey’s new Private Investment Fund Regime

Carey Olsen’s corporate team in Guernsey has been the first to establish a Guernsey Private Investment Fund (PIF) since the new class was introduced. Partner Christopher Anderson led the Carey Olsen team advising specialist private investment firm Cairngorm Capital Partners on the successful £107.5 million final closing of its second fund, Cairngorm Capital II. Cairngorm […]

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New director for the Channel Islands Property Fund

RETIRED chartered accountant and chartered tax adviser, Steve Le Page, has become a director and audit chairman of specialist real estate investment company, Channel Islands Property Fund. Mr Le Page replaces Brian O’Mahoney, who stepped down from the board on 1 April due to his commitments and role at Ravenscroft, which acts as investment manager […]

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