Driving momentum in Guernsey’s private fund sector

This trend reinforces Guernsey’s reputation as a jurisdiction of choice for private investment fund vehicles and confirms its wide appeal to a diverse and sophisticated client base.

At a time when the global private markets industry continues to navigate economic uncertainty and shifting regulatory landscapes, ZEDRA has successfully launched nine new Private Investment Funds, each structured as a cell within the Zedra PCC No.1 Limited.

This surge in private fund launches is the result of sustained effort, deep collaboration, and is foremost a testament to the value we provide as fund administrators to clients looking to domicile and service their funds in Guernsey.

As we reflect on this recent success, we asked our experts for their thoughts on what they felt have been vital elements to making so much happen for clients.

Collaboration

Central to this success has been the collaborative approach embedded across our Guernsey Funds Team. Elaine Kennedy, Managing Director at ZEDRA Guernsey, noted, “What made this period exceptional has been the team working together on all aspects of delivering the launch of the PIF’s successfully. From undertaking due diligence and onboarding, client and adviser engagement, through to compliance and governance – every individual involved understood their role in the bigger picture and delivered with precision.”

Neil Fell, Director, Head of Fund Operations, explained, “The momentum we’ve seen was clearly sparked by client demand and we ensured their needs have been met with the urgency, insight, and the clarity they deserved. Our team has worked with diligence and care on behalf of clients and investors – alongside a wide range of experts such as lawyers, tax advisers and accountants to create a blueprint for future success”

Beyond logistics and timelines, another layer of success has come from our ability to hold honest, informed conversations. In a regulatory environment where risk appetite varies and regulatory compliance is non-negotiable, progress often boils down to measured judgement which can only be achieved through working closely with all stakeholders.

Client-centricity

This leads us onto another distinguishing factor – service excellence. Launching nine PIFs was no simple task; each structure brought its own complexity and required a high-touch, responsive service model. Mark Cleary, Deputy Head of Funds, Channel Islands, added, “The ‘how’ mattered just as much as the ‘what’ in launching these new funds. We didn’t just deliver technical outcomes, we helped clients navigate the unfamiliar, helped shape their outcomes, and instilled confidence when it mattered most.”

From setting realistic expectations to ensuring deadline discipline, our team adopt a solution-driven, transparent approach that clients value. In a market where reputation and trust are paramount, ZEDRA’s commitment to a proactive approach continues to resonate.

Bucking the trend for Private Investment Funds

New fund launches have been muted globally in recent years and servicing centres such as Guernsey have been unavoidably impacted. Against this wider trend, the recent growth we have seen in our Guernsey office is extremely pleasing and affirms that our service proposition is competitive and our ability to meet client demand is unequivocal.

How ZEDRA can help

Our team of experts serve private families/offices, fund managers, investors, advisers and promoters who demand high-quality support, deep knowledge, and a global outlook to fund administration services.

If you are considering launching a private investment fund in Guernsey or are seeking a fund administration partner who is responsive, knowledgeable and committed, get in touch.