Jersey Finance has unveiled a new LLC structure aimed at strengthening the territory’s profile as an attractive jurisdiction for U.S. alternative fund managers.
The new structure, which was officially approved by the Government of Jersey this week, takes effect Feb. 14. It further expands the British crown dependency’s existing range of private fund vehicles by adding a new LLC model familiar to U.S. private equity, venture capital and other alternative fund professionals.
The new Jersey LLC framework comes amid a period of sustained growth for Jersey’s funds industry in . . .
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