Jersey Private Fund enhanced following industry consultation
25 July 2025 Jersey
Image: Jersey Finance
Jersey Finance has enhanced the Jersey Private Fund (JPF) regime, which, according to the organisation, has been designed to meet the needs of international professional investors.
The updates were recently announced by the Government of Jersey, following a period of industry consultation.
According to the changes a JPF may now make an unlimited number of offers and have an unlimited number of investors, provided the offer is made to a restricted group of investors and that each investor is a professional investor under the JPF guide.
Previously, JPFs were limited to making offers to no more than 50 potential investors.
A JPF may now make an unlimited number of offers and have an unlimited number of investors, provided the offer is made to a restricted group of investors and that each investor is a professional investor under the JPF guide.
A 24-hour turnaround has been introduced for JPF consents, provided the application is complete and all requirements are met.
The new JPF guide also expands the definitions of a professional investor that is eligible to invest in a JPF.
A JPF can apply to the Jersey Financial Services Commission (JFSC) for consent to list its interests, subject to the JFSC's approval.
Joe Moynihan, CEO, Jersey Finance, says: “Since its launch in 2017, the JPF has become Jersey’s fastest-growing fund category, particularly well-suited to private equity, venture capital and real asset strategies. As private capital continues to evolve globally, these updates will further increase Jersey’s appeal to managers and professional investors seeking flexible fund solutions.”
Joel Hernandez, chair of the Jersey Funds Association, adds: “The JFA welcomes the Government and the JFSC's continued commitment to further refine and strengthen the Jersey Private Fund regime. The JPF regime remains a strong solution for the global market, offering efficient, streamlined, and proportionate regulation for private investment funds. Its improved flexibility, accessibility and simplicity to launch continue to enhance the regime's effectiveness.”
The revised JPF guide, published by the JFSC, will come into effect on 6 August 2025.
The updates were recently announced by the Government of Jersey, following a period of industry consultation.
According to the changes a JPF may now make an unlimited number of offers and have an unlimited number of investors, provided the offer is made to a restricted group of investors and that each investor is a professional investor under the JPF guide.
Previously, JPFs were limited to making offers to no more than 50 potential investors.
A JPF may now make an unlimited number of offers and have an unlimited number of investors, provided the offer is made to a restricted group of investors and that each investor is a professional investor under the JPF guide.
A 24-hour turnaround has been introduced for JPF consents, provided the application is complete and all requirements are met.
The new JPF guide also expands the definitions of a professional investor that is eligible to invest in a JPF.
A JPF can apply to the Jersey Financial Services Commission (JFSC) for consent to list its interests, subject to the JFSC's approval.
Joe Moynihan, CEO, Jersey Finance, says: “Since its launch in 2017, the JPF has become Jersey’s fastest-growing fund category, particularly well-suited to private equity, venture capital and real asset strategies. As private capital continues to evolve globally, these updates will further increase Jersey’s appeal to managers and professional investors seeking flexible fund solutions.”
Joel Hernandez, chair of the Jersey Funds Association, adds: “The JFA welcomes the Government and the JFSC's continued commitment to further refine and strengthen the Jersey Private Fund regime. The JPF regime remains a strong solution for the global market, offering efficient, streamlined, and proportionate regulation for private investment funds. Its improved flexibility, accessibility and simplicity to launch continue to enhance the regime's effectiveness.”
The revised JPF guide, published by the JFSC, will come into effect on 6 August 2025.
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