The latest Monterey Fund Report has revealed continued significant growth in the Jersey fund market with a 22.8% increase, largely driven by the private equity and venture capital sector. KPMG are proud to support in delivering that growth and in 2021 were one of the fastest growing fund auditors by number of Jersey-serviced schemes.
The growth of the number of funds audited by the firm has been disclosed by Monterey Insight, the independent fund research company, which surveys the market share of all service providers in Jersey’s fund industry on an annual basis.
Nick Stevens, Head of Private Equity at KPMG in the Crown Dependencies, comments, “The findings of the report show Jersey’s continued relevance as a private capital fund jurisdiction. It also demonstrates the continued strength of our firm, notably in the private equity and venture capital sector. This is only possible through the extraordinary efforts of our team.”
The full Monterey press release can be viewed online at https://www.montereyinsight.com/post/double-digit-leap-for-the-jersey-fund-industry