Jersey Finance has opened a new office in New York to enhance its visibility in the US and to promote its Europe-based offerings for US alternative fund managers.
The launch of the office comes after Jersey Finance appointed Philip Pirecki as head of business development in the US earlier this year.
Pirecki has more than 20 years of professional experience in investment banking, investment
management, consulting, auditing and accounting, with specialist knowledge of the hedge fund
sector.
Commenting on the launch, Joe Moynihan, CEO of Jersey Finance, said: “As a forward-thinking jurisdiction, we remain committed to supporting high-quality global investment flows and, to that end, the launch of this office in the world’s largest institutional investment market is hugely significant for us.”
He added: “We already have good familiarity among the US funds community, with the value of US promoter assets administered in Jersey more than doubling over the past five years, and our new office will be vital in building on that success.”
