Carne Group, a provider of governance and AIFMD solutions to the alternative investment industry, has received authorisation from the Jersey Financial Services Commission for an independent AIFMD-compliant management company in the Channel Islands.
The new management company has become immediately operational with Carne Group’s fund clients.
The Jersey management company is the first to be approved outside the European Union and allows managers to comply with the AIFMD regime while maintaining a fund in an offshore, non-EU jurisdiction, making it suitable for EU managers who fall within the AIFMD threshold but don't have an AIFM license.
The launch of the management company comes in the wake of the opening of Carne’s office in the Channel Islands in June of this year.