Jersey will benefit from a mezzanine funds recovery

Tuesday 21st June 2011, 3:00PM BST.

Jersey Funds Association chairman Nigel Strachan

JERSEY is well-placed to benefit from a recovery in the mezzanine funds market over the next year or so, according to experts at a leading European funds conference.

The news of an anticipated increase in activity came at the Pan-European mezzanine finance and subordinated debt market conference in Paris.

Jersey Funds Association chairman Nigel Strachan chaired a session at the conference where major players in the sector examined the current relationships between banks, private equity funds and providers of mezzanine debt.

Activity levels in the market have been low in recent times but Mr Strachan, who is managing director of funds business Ipes Jersey, said that it was expected the position would be changing for the better in the next 12 to 18 months.

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