Supporting the launch of the Fund Foundry to back first-time and emerging fund managers from Guernsey

We are supporting the launch of the Fund Foundry, a new 12-month programme designed to back first-time and emerging fund managers, with 26 industry partners committed.

The programme, established by Guernsey-based not-for-profit Foundry Partners (LBG), was unveiled at the Guernsey Funds Forum in London on 14 May 2026. It will select a small cohort of managers each year through a competitive global process. 

Craig Cordle, Investment Funds & Corporate partner, said: 
 
'We are pleased to support the launch of the Fund Foundry. The programme provides a structured and practical route for first-time and emerging managers to establish their funds in Guernsey, helping to reduce complexity at a critical stage and broaden access to institutional capital.' 

Participants will benefit from a structured package of support, including cost assistance, regulatory guidance and mentoring, as well as opportunities to engage with prospective limited partners. 

We are supporting the programme alongside a range of industry partners across fund administration, audit, banking and technology, with backing from key Guernsey industry bodies and the States of Guernsey Committee for Economic Development. 

Justin Sykes, Programme Director at the Fund Foundry, said: 
 
'I run a sustainable funds advisory business and, for the emerging managers we work with, the support that the Fund Foundry provides will be critical in helping to reduce the time and cost of getting to first close. This initiative fills a gap in Guernsey’s funds offering and offers a significant opportunity to attract the next generation of fund managers to the island.' 

Applications open in July 2026, with the first cohort expected to begin the programme later in the year. 

Further information about the Fund Foundry, including full programme details and application criteria, is available here.