Figures in the recently published, and 26th iteration of, the annual Monterey Jersey Fund Report paint a picture of a vibrant and growing funds sector in Jersey, driven in particular by private equity and venture capital.

The report finds that fund assets serviced in Jersey rose to US$493 billion in June 2020, up 2.5% from 2019, whilst the number of serviced schemes increased to 1,495, up 11.9%.

The private equity and venture capital asset classes accounted for US$325.9 billion of assets for domiciled and non-domiciled funds with just over 950 funds and sub-funds.

‍