Corporate and funds case studies

A senior member of a large hedge fund approached our Corporate Services team to support the establishment of a joint venture with a London-based developer, investor and asset manager. The partnership related to a significant Central London development project and required a carefully structured solution to support a multi-phase investment strategy over the long term.

• Worked closely with the client and their advisers to design and implement an appropriate joint venture structure.
• Established a Jersey holding company to act as the joint venture vehicle between the parties.
• Structured the project to accommodate seven development phases over a 10–15 year period across sectors including build-to-rent, office space and life sciences.
• Created a layered structure for each phase involving a Jersey Property Unit Trust and two Jersey companies, with the underlying asset held through a UK LLP.

• Enabled the joint venture to progress with a robust and scalable structure designed to support multiple development phases.
• Provided ongoing real estate management support to assist with strategic decision-making.
• Delivered tax compliance and VAT return services alongside administration, director, company secretarial and accounting support.
• Ensured the structure operates efficiently while supporting the client’s long-term development strategy.

A trusted adviser working closely with our Guernsey team introduced a life assurance client seeking to structure securitisation transactions within the Insurance Linked Securities (ILS) sector. The client wished to monetise specific income receivables linked to life assurance premiums in order to realise capital immediately, supporting future expansion without increasing gearing on its balance sheet.

• Recommended Guernsey as the jurisdiction due to its cellular company legislation and well-established infrastructure for ILS structures.
• Established an Incorporated Cell Company (ICC) structure to support multiple securitisation transactions over time.
• Structured each transaction within a separate incorporated cell, owned by a purpose trust, ensuring each deal is fully ring-fenced.
• Enabled each cell to issue a 10-year fixed interest bond to institutional investors, using the proceeds to acquire a portfolio of life assurance receivables.

• Created a scalable structure capable of supporting multiple long-term securitisation transactions.
• Provided institutional investors with access to stable and predictable income streams through ILS products.
• Ensured receivable cashflows service bond interest and repayments in a clear and efficient manner.
• Delivered full administrative services for the ICC and purpose trusts, providing independent oversight and enabling the life assurance business to diversify liquidity without increasing credit risk.