How Domiciling in Jersey Can Help US Managers Targeting EU Capital
Elliot Refson, Head of Funds, and Philip Pirecki, Jersey Finance Lead in the Americas, were interviewed recently for the Buyouts Podcast.
25 November 2022
Elliot Refson, Head of Funds, and Philip Pirecki, Jersey Finance Lead in the Americas, were interviewed recently for the Buyouts Podcast.
Buyouts is a publication focussed on private equity, private real estate, private debt, and infrastructure, and provides insight to investors, fund managers and financial practitioners in the US. The interview with journalist Hannah Roberts was a perfect opportunity to discuss why Jersey is a stable and reliable gateway to Europe for US managers.
In 2021, the global CLO market reached $1 trillion in size. And it was a record-breaking year in the US, with around $180 billion in primary CLO deals. This podcast explores this topic in depth, together with Jersey’s long history and expertise in structured finance products. Philip Pirecki and Amy Demetriou discuss the needs of investors, the role of intermediaries and the products involved, as well as the crucial considerations of legislation, regulation and EU blacklisting.
Jersey is diversifying its proposition in the US market, with its capabilities in the structured finance space. Over the first half of 2022, Jersey Finance estimates that more than 110 securitization structures, including Collateralized Loan Obligations (CLOs) and Collateralized Debt Obligations (CDOs) were registered, including a number migrating from other jurisdictions.