The delegation from the Guernsey funds industry has been promoting the island's private equity fund industry to the US, visiting New York and Boston.
The delegation from the Guernsey funds industry has been promoting the island’s private equity fund industry to the US, visiting New York and Boston.
The team, which visited New York for a series of meetings with US private equity advisers before heading to Boston for further meetings and to exhibit at the specialist private equity conference, SuperReturn USA, was lead by Peter Niven, chief executive of Guernsey Finance.
Niven said: “Our latest fund statistics show that there were a significant number of new fund launches in the first quarter of this year in Guernsey but it is important that we do not rest on our laurels and simply rely on business coming from our traditional markets of the UK and Europe. It means that attendance at these prominent funds events is important in order for us to keep promoting Guernsey’s experience and expertise in catering for investment funds business, and private equity in particular.”
Guernsey Finance and representatives from industry attended SuperReturn International in Berlin earlier this year and will also be present at SuperReturn Asia in Hong Kong in September and SuperReturn Middle East in Dubai in October.