Solutions
FalconX, an all-in-one platform for institutions trading cryptocurrency, has secured an investment from American Express Ventures.
Interview with Simon Hopwood, Maples Group – The Covid-19 pandemic has caused a devastating impact on human life and health, and the global economy. As a consequence, the funds industry has faced unprecedented challenges, as it continues to navigate through unchartered waters.
Despite this, the Jersey funds industry has remained resilient with net assets under administration up 5.7 per cent(1) year on year standing at GBP361.7 billion(2) with alternative investment funds representing 87 per cent(3). Noticeably, private equity was up 19 per cent year on year(4) and managers using Jersey to market funds into the EU increased by 9 per cent
Ashley Le Feuvre (pictured), VG, considers the key trends currently driving growth and development within Jersey’s funds industry…
By Sam Sturrock (pictured) & Paul Monahan – As frequent advisers on Jersey fund start ups, Collas Crill are often involved in preliminary structuring discussions with new fund managers and sponsors.
These sponsors are typically focussed on ‘alternative’ assets such as real estate, private equity, venture capital, debt and infrastructure assets for a professional / sophisticated / institutional / HNW / sovereign wealth fund investor base (i.e. not necessarily retail investors).
We understand the anxieties that often sit behind the questions we receive, namely:
• Will investors be turned off if I choose a particular jurisdiction and are my choices for
By Chris Griffin (pictured) & Robert Milner – Recently, the unprecedented combination of Brexit and Covid-19 has generated a sharp rise in the number of fund managers contemplating a move to Jersey. In this article, Chris Griffin, a funds partner in the Jersey office of leading offshore firm Carey Olsen, explores the reasons behind the increase in interest.
By A Paris – Jersey is capitalising on its future position outside of the EU to attract US fund managers to its shores. This is despite the potential uncertainty driven by the looming end of the Brexit transition period and the global pandemic.
“As the largest law firm in Jersey with the busiest investment funds practice, we have experienced a sharp increase in US managers seeking access to European Union or European Economic Area capital through the use of Jersey vehicles.
“This trend is also evidenced by assets under management for funds incorporated in Jersey with US managers or promoters having increased
Texthelp Ltd, a specialist in literacy and accessibility technology, has secured a significant investment from Five Arrows, the private equity arm of Rothschild & Co, as LDC, the private equity arm of Lloyds Banking Group exits. Five Arrows is investing in Texthelp through its European fund (Five Arrows Principal Investments) and its US fund (Five Arrows Capital Partners). Five Arrows targets investments in category-leading B2B data and software companies across healthcare, education, and other vertical end-markets.
Founded in 1996, Texthelp has established itself as the global pioneer and leader in cloud-based assistive technology and learning analytics for the education and corporate
Digital asset investment company B21C Limited has secured financing from global investment firm CCIX Global (HK) Limited in the form of equity and tokens. CCIX Global founder Vishal Uttam will be joining the B21 board, taking an active role in strategy and investor relations.
“Vishal’s extensive experience at CCIX Global with early stage startups and in the Fintech domain will help drive B21’s position as a market leader and represents the next step in fulfilling our mission to bring digital asset investing to the mainstream,” says B21’s founder, Nitin Agarwal.
B21C Limited is the company behind crypto investing app B21 Invest
Crestbridge is to acquire New Jersey based Ovation Fund Services, a provider of fund administration, accounting and reporting services to US domestic private equity and real estate funds. The acquisition complements Crestbridge’s core service offering in both asset classes.
Ovation will become part of the Crestbridge brand from 31 December 2020 and is the business’ seventh office. All Ovation employees will become members of the global Crestbridge team, ensuring continuity of client service and working with the wider Crestbridge Group to continue to grow and develop the current services offering.
The acquisition substantially expands Crestbridge’s presence in the US, where it
Industry veterans Jorge R de Cardenas, Scott A Merriam and Aaron M Bernstein have launched TrustServe – a new private equity, venture capital and real estate fund administration business based in Miami, Florida.Co-founder and former managing director of Kaufman Rossin Fund Services (KRFS), Jorge de Cardenas will lead TrustServe LP as CEO, along with industry veterans Scott Merriam and Aaron Bernstein.
Prior to launching TrustServe, de Cardenas co-founded Kaufman Rossin Fund Services where he served as Managing Director from 1994 until its 2016 sale to ALPS Fund Services, a subsidiary of NYSE listed DST Systems. At ALPS, de Cardenas
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
