In an effort to close the gap with other offshore centres, the States of Jersey (Channel Islands) has passed legislation for a new LLC structure that aims to improve connectivity between the jurisdiction and U.S. alternative fund managers, providing enhanced options for U.S. managers looking to structure European-focused funds. The new LLC structure, which comes into effect on 14 February, is modelled on existing LLC structures in other jurisdictions in the Caribbean and U.S. (e.g. Cayman and Delaware).
