Fund Domiciles and Regulation

Old certainties are becoming a little less certain for fund domiciles and regulation. While managers tell PERE they are actively considering locations such as Jersey, Singapore and Hong Kong for their upcoming funds, the Big Three of Delaware, Cayman Islands and Luxembourg still top the list of preferred private real estate fund domiciles. Change is afoot, however, not least in the UK and Ireland, which have each looked to use Brexit as a springboard for a shot at domiciliation domination, while regulatory developments in the US and Europe are also feeding in to the evolution of the space.