Marketing an Alternative Investment Fund In the UK from Guernsey
The UK’s National Private Placement Regime The National Private Placement Regime (NPPR) allows Alternative Investment Fund Managers (AIFMs) to market Alternative Investment Funds (AIFs) that otherwise cannot
Guernsey has an advantage over its rival jurisdictions in Europe – the ease of accessing markets via a country’s National Private Placement Regime (NPPR). The UK is Guernsey’s largest market. This guide shows you just how easy and inexpensive it is to market your Alternative Investment Fund in the UK from Guernsey.
be marketed under the AIFMD domestic marketing or passporting regimes. The NPPR principally relates to the marketing of non-European Economic Area (“EEA”) AIFs and any AIFs managed by non-EEA AIFMs. It can also relate to the marketing of feeder AIFs where the master funds manager is a non-EEA AIFM or the master fund is a non-EEA AIF.
NPPR is available to the following managers: ● UK and EEA AIFMs marketing
● Non-EEA AIFMs
non-EEA AIF(s) (or feeder AIFs
marketing AIF(s),
that are UK AIFs or EEA AIFs
whether UK, EEA
where the master fund is
or non-EEA AIF(s).
managed by a non-EEA AIFM or is a non-EEA AIF).