Enhancements to the Jersey Private Fund Regime

The Jersey Financial Services Commission (JFSC) has published some encouraging enhancements to the Jersey Private Fund (JPF) regime, effective 6 August 2025. The updates will make what is already a hugely successful product more accessible to the international professional investor market. 

So, what are the changes?

Removal of the 50-offer/investor cap
JPFs will no longer be restricted to the current limit of 50 offers or investors. JPFs may now make an unlimited number of offers and have an unlimited number of investors, provided the offer is made to a ‘restricted group of investors’ and that each investor is a ‘professional investor’ under the JPF Guide.

Expansion of the definition of a ‘professional investor’
Broader definitions have been introduced and are referenced in the updated Professional Investor Regulated Scheme (PIRS) Order. 

Listing of a JPF may be permitted
A JPF can apply to the JFSC for consent to list its interests.

24-hour authorisation time
The product, which has been a firm favourite for being quick to establish, is now even more streamlined, with authorisation time down to 24 hours when applications are submitted by a Designated Service Provider (DSP). 

These enhancements demonstrate Jersey’s commitment to offering flexible and accessible products to a wide investor base. These efficiency changes will further connect Jersey to wider international investment markets whilst still retaining the same strong and respected regulatory framework.