Carey Olsen advises on launch of new Jersey-based expert fund
Thursday 02 September 2010
Channel Islands law firm Carey Olsen has advised Investment Services UK Limited (ISUL), the London-based fixed income specialist focused on emerging markets, on the establishment of Amrah Global Opportunities Fund Limited.
The aim of the Jersey-based open ended fund is to provide enhanced returns through access to a portfolio of fixed income securities principally in the emerging markets.
ISUL, which already has six years experience of Jersey as a funds domicile, is regulated in the UK by the FSA and operates as a specialised fixed income house focusing on emerging market opportunities.
Eve Kosofsky, who was recently recognised as one of the world’s leading investment funds lawyers by Expert Guides’ Guide to the World’s Leading Investment Funds Lawyers, led the Carey Olsen team. The process of establishing the fund structure in Jersey was managed jointly by Daniel O’Connor of the law firm Carey Olsen and Daniel McKeon of Sanne Trust Company Limited, the fund’s appointed administrator and registrar.
Daniel O'Connor, of counsel said: "We are delighted to have been part of the team involved in establishing the Amrah fund in Jersey which comes at a time of an increasing number of investment opportunities in emerging markets."
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