Experienced in the establishment of Jersey Private Funds for Real Estate and Private Equity structures. We work with Fund Managers in the start-up phase and Family Offices, providing secretarial and corporate governance support as per the specific requirements of each client.
Following establishment, we can act as the Designated Service Provider (DSP) and will tailor the extent of any additional services to the requirements of each particular client. As part of this service we will organise capital calls and distributions, monitor inflows, oversee payments, monitor and reconcile bank accounts and liaise with auditors as appropriate. In addition, we can provide bookkeeping and accounting services in-house and can provide periodic investor reporting as well as full annual financial statements.
Why you should choose Fiduchi for Jersey Private Funds:
A ‘Jersey Private Fund’ (JPF) is a simple and highly flexible fund product that will be of interest to promoters who are looking to launch funds under a lighter touch regulatory regime that provides certainty, flexibility and speed to market.
Key features of a JPF:
The AIFMD regulates all funds that market into the EU irrespective of the domicile of the manager. While Jersey managers are beyond the full compliance of AIFMD, they have ready access to investors within the EU through NPPRs. However, Jersey is well-primed to receive the passport should it be extended to third countries, having been positively assessed by the European Securities and Markets Authority (ESMA) – the agency that governs AIFMD.
Jersey funds are marketed to EU investors in Member States via NPPRs, an alternative route to the AIFMD passport. This route is working extremely well and has been tried and tested in key alternative funds markets such as the UK, Netherlands, Ireland and the Nordic countries. NPPRs offer:
Jersey has more than 50 years’ experience in structuring, managing and administering funds. The last five years has seen the number of Jersey-based promoters almost double.
Jersey offers exceptionally high standards of service and governance. It also has a large pool of expertise, including a wealth of professional non-executive directors with extensive knowledge of funds across a variety of asset classes.
Maintaining the books, records and accounts of the fund:
Although we do not give tax advice, we work with a network of advisors to allow our structures to fulfil their filing and tax obligations – this would include the compilation and submission of quarterly and annual returns as well as CRS, FATCA and Country-by-Country submissions. Where requested we can provide Jersey-resident directors and we offer full administrative and secretarial support so that each meeting of the JPF will be supported by the provision of timely, comprehensive information packs prior to the meeting, followed by detailed minutes and action plans post meeting.
The JPF Guide can be downloaded from the JFSC’s website.
Web enabled, 24/7 access to all plan information for company stakeholders
Information updated in real-time
Ability to view and filter all participants
Access to suite of pre arranged, Business Intelligence reporting
Complete management oversight and control for company
Ability to create and schedule your own reporting
"Fiduchi's Online Share Plan Administration portal, has saved time, money and paper, and [it] allows us to become more efficient in the managing of our employees share awards. It's really fantastic what an impact this platform has made."
Head of People - Tech startup company.
Onboarding of your data to our online platform is easy regardless if you choose a fully-managed or self-service in-house solution. By making the switch to our platform, you can upgrade from having to manage your share plan data on complicated spreadsheets. Plus, to make the process as simple as possible, our experts will assist you every step of the way and we also provide helpful guides.
For businesses who opt for our fully managed solution, our platform is able to deal with each business’s unique requirements. When it comes to dealing with exact legal and regulatory issues, our platform will be able to automatically determine the actions required for each award or vesting, specific to the country in which the company operates. Therefore minimising the risks and allowing full compliance from a legal and regulatory position.
Our platform uses the highest standards to protect the valuable data and assets we hold on behalf of our clients. Our platform provider has a team of in-house cyber security and IT professionals to protect our system and carry out security audits, due diligence, penetration testing and to oversee potential threats. They are fully regulated, accredited and certified by a range of statutory and non-statutory bodies including the US Department of Commerce’s Privacy Shield.
Our platform can be branded to match your company’s own brand, therefore becoming a professional extension of your employee benefits. You can set role-based access and let your employees and shareholders log into their own online branded share platform anytime, anywhere and see exactly what shares they have and how much they are worth. They can also easily accept grants, exercise options, calculate potential pay-outs and more.
"Thank you very much for your professional assistance (and patience) in helping us transfer our shares and assets into the new Trust. I know that it has taken longer than expected. Still, your professionalism and continued support have helped us achieve the desired outcome."
"My sincere thanks for the assistance you have provided the advisory committee by coordinating directly with the charity to formalise an agreed donation plan."
"Many, many thanks for your hard work and speed at setting up our client's Private Investment Company in just 24hrs! Your flexibility and communication throughout the whole process have been appreciated, and the feedback has been tremendous......
"Thank you, everyone, for delivering this significant re-structure to our family assets and within a very tight timeframe.
Great to get this finalised!"
“I am very impressed with the professionalism and efficiency Fiduchi Limited demonstrated during the establishment of our employee benefit trust. They coordinated the process seamlessly and provided us with valuable advice and guidance to ensure compliance with our regulatory and legal responsibilities. Throughout my engagement with the team, I have found them to be approachable and easy to work with.”
"Thank you for helping us with the establishment of our real estate fund."
"Thank you so much for helping my client register their vessel with the Red Ensign Group and all the other advice and support you provided!"
"Fiduchi's yacht team provides a first-class service! In particular with assisting us with our crew banking requirements and payroll services. Whenever we need assistance, they are just a phone call away!"
A Jersey Private Fund ("JPF") is a simple and highly flexible fund product that will be of interest to promoters who are looking to launch funds for groups of investors where a fully-regulated product might not be necessary or appropriate.
Our experienced Private Client and Family Office teams are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced Corporate team are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced Funds team are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced team are here to answer any questions you may have. With a wealth of knowledge and expertise, they will be able to advise you on right solutions to meet your needs. You can rest assured that core to the Fiduchi principles are how your interests should best be met.
Our experienced employee services team are here to answer any questions you may have regarding all types of employee incentive requirements. With a wealth of knowledge and expertise, they will be able to assist in finding the best solution to achieve your business needs.