£6bn inflow predicted for Jersey

Private equity fundraising in Jersey is predicted to rise by more than £6bn in 2007, delegates at the Jersey Finance Annual London Conference have been told. Speaking at the conference, Noel Ainsworth, London head of private equity funds at law firm Simmons & Simmons, said, as a result of recent initiatives introduced in Jersey, the jurisdiction would continue to attract more and more private equity business. Within Jersey, private equity fundraising has increased year-on-year from 2003. More than £12.7bn of private equity capital was raised in Jersey in 2006 and this figure is predicted ...