Providing wealth structuring and fund services targeted at private equity, real estate and other types of investment funds.
Our funds team respond to the diverse and evolving needs of clients and their advisers by developing a close working relationship in order to gain a real insight into their distinct needs and objectives. This, combined with specialist technical knowledge, innovation and drive from our experienced management team, forms the backbone of our successful funds business.
At Hawksford, we have expertise in establishing investment fund vehicles structured as companies, limited partnerships or unit trusts and can also use Jersey's Protected Cell Company (PCC) and Incorporated Cell Company (ICC) legislation, for example, to set up and administer Jersey Expert Funds as PCCs or ICCs in order to segregate assets within a portfolio or create different asset classes.
The funds that we administer are predominantly targeted at sophisticated, professional, institutional and high net worth investors in private equity and real estate investment. In addition to traditional asset classes, we have assisted fund promoters with alternative investments including art, classic cars, diamonds, renewable energy and a fund focusing on the football industry.
We are able to administer funds wherever they are domiciled. Working closely with our clients' professional advisers, we help identify the most appropriate fund structure, considering the needs of the promoter, expected investors and other stakeholders. We work with advisers to craft a funds' offering document, constitutional documents and other material contracts and liaise with the Regulator to obtain any necessary approvals. We have a dedicated transaction management team including specialist fund lawyers and directors to oversee and assist with the set up and launch of a fund.
We have extensive experience in establishing and administering Jersey expert funds, unregulated funds, listed funds, and other private fund arrangements. Our clients' funds include both open and closed ended structures, using corporate, limited partnership, unit trust and cell company vehicles.
Channel Islands Securities Exchange
Hawksford is a Category 1, 2 and 3 listing member of the Channel Island Securities Exchange. As such, we can arrange the listing of investment funds established in accordance with the Jersey Financial Services Commission's Listed Fund Guide or any other suitable securities such as bonds or notes.
Regarding a regulated Jersey expert fund, we are licensed to provide Manager of a Managed Entity ("MoME") services. "Managed Entities" tend to be Jersey vehicles established by a non-Jersey promoter for the purposes of acting for a specific fund or series of related funds. The MoME service allows support to non-Jersey promoters who may be a group of individuals or a newly established company, for example. Typically this will be a Jersey investment manager, or general partner which has no physical presence in Jersey and needs MoME services from Hawksford in order to satisfy local regulatory requirements for Jersey expert funds. More >
The choice and flexibility offered by our professional service is underpinned by meticulous attention to detail, a robust IT infrastructure and a specialist fund valuation and accounting system. Together, this creates a mix of skills and resource that only a true fund specialist can provide.
Our Funds team can offer the following:
- Fund administration, whether for a unit trust, limited partnership or corporate vehicle
- Registered office and comprehensive secretarial services
- In-house legal support as and when required
- In-house bookkeeping and accountancy services including NAV calculations
- Manager of a Managed Entity (MoME) services
- Independent directors
- Management and control to ensure that the fund is maintained demonstrably offshore
- Channel Island Securities Exchange listings