Structuring a venture capital or private equity fund (“VC/PE Fund”) can appear, at first glance, to be a complex process.  Whilst there is undoubtedly complexity in the detail of any structuring exercise, the broad-brush strokes of VC/PE Fund structuring are actually relatively straightforward and are often based on a few key drivers.

In this article we will run through some of the key fund structuring drivers from a UK standpoint, contrasting the pros and cons of the core VC/PE Fund structuring jurisdictions for UK GPs (being the UK, Jersey, Guernsey and Luxembourg) and explaining why putting a VC/PE Fund in one jurisdiction over another, might be preferable.