Monterey confirms Mourant as lead ing adviser to Jersey investment fund
Mourant is celebrating 20 years as the leading legal adviser to Jersey investment funds, following the release of the Monterey Fund Report this week.
The independent report, which provides a comprehensive analysis of all funds domiciled, serviced or distributed in Jersey revealed that Mourant remains the number one leading legal advisor in Jersey, advising on 733 funds with an overall value of USD381 billion, a position now held for 20 years.
Mourant's Head of Investment Funds, Jersey, Felicia de Laat, says: "Our dominant position as Jersey's leading law firm for investment funds is a reflection of our extensive experience, in-depth technical focus and deep resources in the sector, built through many years of sustained growth and trusted relationships with our clients.
"Mourant is unrivalled for strength-in-depth, with a team comparable to the size of a leading London-based investment funds practice who are involved in all significant legal, technical and tax developments and consultations impacting the sector. This combination is unique in Jersey, allowing us to provide truly bespoke services to offshore fund managers and investors.
"Our clients are our focus, so we're really proud to continue to be the first choice in Jersey with both new and longstanding providers. Since this data was gathered, our team has been instructed on a strong flow of significant new fund launches and a large amount of non-captured work, including property structures (JPUTs). As a firm we have worked on more incorporations than any other firm, which is a core indicator of new business.
"This looks set to continue in 2020, signalling an even stronger year ahead for our clients, their service providers and our team – which is great news for Jersey."
The report follows hot on the heels of this year's IFLR1000, Legal 500 and Chambers and Partners legal directories where the firm's Jersey Funds team, the largest in Jersey, was awarded tier one status across each of the guides to the world's leading law firms. Legal 500 describes Mourant as 'the premier fund legal advisor in Jersey'.
The annual Monterey Report is based upon the Jersey Financial Services Commission's (JFSC) list of regulated schemes as at 30 June 2019.