Investment funds in Guernsey

Carey Olsen

Carey Olsen has ‘the competence to work through even the most difficult matters,’ including the launches of, fundraising for and close of private equity and credit funds, the establishment of continuation funds, and fund transactions. Ben Morgan heads the team, handling public and private fund formations and fund financing mandates, while Andrew Boyce‘s private equity client base relies on him for advice on the structuring of their investment vehicles. Annette Alexander‘s practice spans private equity, real estate and hedge funds, with David Crosland taking point on restructuring mandates in addition to handling fund launches. Rachel de la Haye and Andrew Tually joined the partnership in July 2024, both advising on fund formations and downstream transactions.

Praxisleiter:

Ben Morgan


Weitere Kernanwälte:

Andrew Boyce, David Crosland, Annette Alexander, Andrew Tually, Rachel de la Haye; Matt Brehaut


Referenzen

‘Strong team with a great reputation and the competence to work through even the most difficult matters.’

‘Andrew Boyce and Rachel de la Haye are the best the island has to offer.’

‘Excellent team. Good communication. Efficient.’

Kernmandanten

Preservation Capital Partners


Inflexion Private Equity Partners LLP


Coller Capital


Corten Capital


Hipgnosis Songs Fund


Sarasin Bread Street


Pureos Partners AG


AnaCap Financial Partners Limited


Alchemy Special Opportunities LLP


Highlight-Mandate


  • Advised Inflexion Private Equity Partners LLP on the final close of Inflexion Partnership Capital Fund III at its hard cap of £1.75bn.
  • Advised on the establishment of Alchemy Special Opportunities Fund V, a Guernsey-registered closed-ended fund investing in distressed debt, managed by Alchemy Partners, which closed at £1bn.
  • Assisted with the launch of Coller Credit Secondaries – Opportunities Fund II.

Mourant

Seen as a ‘go-to firm in this field,’ the Mourant funds team led by John Rochester acts for sponsors and managers targeting a range of asset classes with the structuring and launch of investment vehicles and is also active in the private credit space. Darren Bacon advises a client base that includes private equity, real estate and debt funds on new launches and registrations. Frances Watson handles fund launches, migrations and financing mandates, while James Cousins leverages his in-house funds experience to advise clients from the launch of new funds to the ultimate liquidation of assets, with particular expertise in the hedge fund industry.

Praxisleiter:

John Rochester


Weitere Kernanwälte:

Darren Bacon; Frances Watson; James Cousins; Alasdair McKenzie; Amy Williamson


Referenzen

‘The firm has top notch and longstanding experience and is a real go-to firm in this field.’

‘Darren Bacon is our key contact in the Guernsey office. He has extensive investment funds experience and provides very commercial and pragmatic advice on any key points.’

‘I appreciate the user friendly, partner led service they provide in Guernsey.’

Kernmandanten

HgCapital LLP


Investec W&I International PCC Limited


HarbourVest Global Private Equity Limited


abrdn Investments Limited


Ravenscroft Investment Fund Offshore


Savex Multi Strategy Fund Limited


iCON Infrastructure Management III Limited


Stepstone Group LP


Sequoia


JLEN Environment


Investec World Axis


Pantheon


Third Point


DP Aircraft


Baker Steel


Highlight-Mandate


  • Advised HgCapital on the establishment of their new flagship Saturn fund, Hg Saturn 4, with anticipated total commitments of $12bn.
  • Acted as Guernsey legal counsel for HarbourVest on a $1.7bn secured loan facility provided by, among others, Ares and Apollo.
  • Advised abrdn on the establishment and GFSC registration of their new Guernsey sustainable infrastructure fund.

Ogier

Ogier handles the spectrum of fund-related matters, assisting sponsors and managers with the structuring and launch of Guernsey-registered investment vehicles, and also works with the firm’s litigators to oversee fund mergers via schemes of arrangement. Heading up the firm’s fund offering are Tim Clipstone, an expert in the structuring of closed and open-ended funds and associated regulations, Bryon Rees, whose client base consists of both private and listed funds, and Richard Sharp, a specialist in cellular structures and their use by the insurance industry and other asset managers. Michelle Watson Bunn and New Zealand-based consultant Michaela Jesson are also noted for their fund structuring expertise.

Praxisleiter:

Tim Clipstone; Bryon Rees; Richard Sharp


Weitere Kernanwälte:

Michaela Jesson; Michelle Watson Bunn; Gabrielle Payne


Referenzen

‘Tim Clipstone is a transactional lawyer but the matter on which we worked was litigious. Operating a little outside of his usual sphere, Tim really impressed me. He is very knowledgeable about funds and the applicable law, but more importantly he is exceptionally diligent, thoughtful and solution-oriented.’

‘Tim Clipstone provides commercial and pragmatic advice and is responsive and collaborative. Michaela Jesson is also recommended.’

‘High quality team of lawyers in Guernsey and Jersey. The Guernsey associates are particularly good and can hold their own.’

Kernmandanten

Reference Capital SA


Freestone Capital Management LLC


Blackstone Inc.


Palisade Real Assets.


Man GPM Community Housing 2


The Schiehallion Fund Limited


Schroders


Man GPM CH REIT Limited


Starwood Capital


Disruptive Capital


Highlight-Mandate


  • Advised Reference Capital on establishment of Reference Blockchain Technology II L.P., a venture capital fund, together with its GP and carried interest vehicle.
  • Advised Freestone Capital Management Inc on a requisition of shareholders resolution to provide access to liquidating classes by the change in share rights and adoption of new articles of association for an LSE listed company, Marble Point Loan Financing Limited.
  • Advised Blackstone Inc on the acquisition of Hipgnosis Songs Fund Limited, a Guernsey closed-ended fund, valued at approximately $1.572bn, by way of a scheme of arrangement.

Walkers

Walkers offers fund clients the ‘ability to assist across a range of queries,’ including the structuring and launch of Guernsey-registered investment vehicles, mergers between funds and fund transactions, in addition to advising on Guernsey regulatory requirements. Heading the practice are Craig Cordle, who specialises in the structuring and operation of public and private funds, and Guernsey managing partner Matt Sanders, whose expertise lies in private funds, covering their establishment, restructuring and subsequent transactions. Chris Hutley-Hurst‘s practice spans both fund structuring and regulatory matters, advising on the structuring of private equity and listed funds while also assisting his clients maintain compliance with AML, digital asset and tax regulations. Gareth Morgan joined the group from Collas Crill in July 2025.

Praxisleiter:

Matt Sanders; Craig Cordle


Weitere Kernanwälte:

Chris Hutley-Hurst; Gareth Morgan; Charlotte Gonçalves; William Schofield


Referenzen

‘Top notch lawyers operating in a boutique firm.’

‘Chris Hutley-Hurst is my main man at Walkers. Practical and insightful advice delivered efficiently. He advises me on three different structures I direct on behalf of one client. We have a fairly steady regular need to pick up the phone and he’s always there for us. Very user friendly and doesn’t overcomplicate matters.’

‘This is undoubtedly the most commercial team we have come across. They are always incredibly timely in responding and appreciate the nuances of our business – often that we need to do things in a rush and at inconvenient times. They have made every effort to understand our business and therefore their advice is always well considered and tailored for our particular needs.’

Kernmandanten

International Opportunities Limited


Blacksand


Blue Night Investment Consult Corporation


Canaima Global Opportunities Fund PCC Limited


Chrysalis Investments Limited


Da Vinci Private Equity Fund II, L.P.


Raw Capital Partners


Dominion Capital Strategies Limited


EEA Life Settlements Fund PCC Limited


Equitix


GoldenTree Asset Management


TP Capital


Flight Co-Investment Fund Limited/The Flight and Partners Recovery Fund Limited


Global MENA Financial Assets Limited


Balance Legal Capital


Longship Fund III


River Merchant Capital Limited


Strawberry Star


Tetragon Financial Group Limited


Zeta Asset Management


Cherubic Investments Limited


Highlight-Mandate


  • Advised Equitix on its sale and exit of 88% of the share capital of North West Electricity Networks (Jersey) Limited to Iberdrola S.A., with the consortium sale equity having a value of c. €2.5bn.
  • Advised Custodian Property Income REIT on a proposed £530m all-share merger with abrdn Property Income Trust Limited.
  • Advised Investec in respect of the establishment of a new $500m Guernsey-domiciled closed-ended investment company, International Opportunities Limited.

Bedell Cristin

Bedell Cristin advises fund sponsors and managers across the life cycle of their investment vehicles, from the structuring and launch of new funds, to the procurement of financing and ultimately their winding up and liquidation of assets. The team also advises a client base made up of, inter alia, real estate and private equity funds, on Guernsey regulatory requirements, including pertaining to funds marketing themselves as ESG-focused. Practice head John Scanlan is sought out for advice on the launch of new fund structures, including both closed and open-ended vehicles.

Praxisleiter:

John Scanlan


Referenzen

‘Strong knowledge about the regulations and the fund’s constitutional documents.’

‘John Scanlan possesses strong attention to detail, responsiveness and availability on short notice. He pays attention not just to legal but also commercial considerations.’

‘Thorough knowledge of market practice in the fund formation market. Hands on on all legal aspects regarding alternative investment funds.’

Kernmandanten

Urban Logistics REIT plc


Northern Providence Investments


Energy Ventures Funds


Catalyst Investment Management (Guernsey) Limited


Schroders Real Estate Investment Trust Limited


Highlight-Mandate


  • Advised Northern Providence Investments on the launch of its first Guernsey fund, whose cells will aim to support the socioeconomic advancement and empowerment of women, BIPOC communities, persons with disabilities and LGBTQ2S+ communities around the globe.
  • Advise Urban Logistics REIT plc in respect of its bid to acquire the logistics and warehouse assets of abrdn Property Income Trust Limited.

Collas Crill

Collas Crill occupies a niche in Guernsey’s open-ended funds space, with particular expertise in assisting HNWIs and sovereign wealth funds set up investment vehicles, and is also able to advise on fund financing matters. The team is headed by ‘outstanding partner’ Wayne Atkinson, who advises fund managers on the structuring of their structures and guides them through Guernsey’s regulatory framework. Gareth Morgan exited the firm in July 2025.

Praxisleiter:

Wayne Atkinson


Referenzen

‘Responsive and commercial.’

‘Wayne Atkinson is very experienced and responsive.’

‘The team is experienced, highly competent and very effective in communicating with clients.’

Kernmandanten

Dowgate Wealth Limited


Northern Trust


Vega Investment Technologies Limited


SA Alpha PCC Limited


Jacobi Investment Funds PCC Limited


Freedom Asset Management Limited


RAW Capital Partners


Darwin Property Investment Management Limited


Riverside Capital PCC Limited


The Channel Islands Property Fund Limited


Ravenscroft Investment Management Limited


White Star Capital Group


Cazenove Capital Management Limited


Rangemore Advisory Limited


Seek Ventures GP Limited


Sanlam Investments UK Limited


Sygnia Group


IP Global Limited


Sanlam Private Wealth (Pty) Limited


Prime Investments ICC Limited


The Carbon Reduction GP Limited


AB Fund Managers (Guernsey) Limited


Highlight-Mandate


  • Advised Prime Investment Funds PCC Limited on the migration to Guernsey of a Cayman Islands mutual fund, RCI Global Fund, and its conversion upon migration to Guernsey into an incorporated cell of Prime Investment Funds ICC Limited.
  • Advised SA Alpha PCC Limited in respect of the launch of its newest sub-fund, the $50m Bateleur Global Equity Fund PC.
  • Acted for a real estate PCC structure in respect of the creation and issue of a preferential share class to assist with the refinance of one of its assets, a $60m commercial property in Daytona, USA.

Ferbrache & Farrell LLP

Ferbrache & Farrell LLP assists fund managers looking to either establish new investment vehicles or restructure existing ones, while also handling financing, transactional and regulatory matters for its clients. Heading the team is co-founder Gavin Farrell, an expert in Guernsey investment structures who also oversees fund transactions.

Praxisleiter:

Gavin Farrell


Kernmandanten

HitecVision


Lakestar


Highlight-Mandate


  • Provided ongoing assistance with the restructuring of the HitecVision funds.
  • Advised Lakestar on the launch of new funds and the restructuring of existing funds.