Matt Sanders
Managing Partner
Guernsey
Jul 3, 2025
We are seeing more and more enquiries in the venture capital space or from start-up managers looking to establish within an unregulated segregated platform to test performance, build track record and establish fundraising prior to establishing a regulated fund.
Umbrella structuring can also be advantageous for unregulated vehicles, where multiple investors into a single asset are looking for exposure while requiring preservation of confidentiality and minimisation of risk of dilution by other investors. Cellular structures can allow for dedicated cells to be created on a per investor basis, where each investor has their own cell through which to invest yet benefiting from sharing costs across the structure. This can be across a diversified portfolio or single asset mandate.
Guernsey domiciled umbrella platforms offer a unique combination of legal certainty, regulatory efficiency, and structural flexibility. For fund managers seeking scalable platform solutions with a future-proofing focus or customised investor offerings, the Guernsey platform model provides a tried and tested route for growth and innovation in a competitive global market.
If you are interested in learning more, please reach out to one of our Investment Funds specialists.Authors
Key contacts
Managing Partner
Guernsey
Senior Counsel
Guernsey
Senior Associate
Guernsey
Senior Associate
Guernsey