Comment: Jurisdictional agnosticism in wake of Brexit

clock • 1 min read

Back in 2015 nearly half of European-focused private capital funds were structured in either the UK, Jersey or Guernsey. By 2018 that had fallen to under a third and Luxembourg had jumped from 9% up to 28, says Daniela Klasén-Martin. In order to mitigate passporting difficulties triggered by hard Brexit, many large funds adopted a multi-jurisdictional approach adding political momentum to third party management companies. Whether in-house or outsourced, jurisdictional agnosticism wi...

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