What Is an Offering Memorandum?
An Offering Memorandum (also known as a Private Placement Memorandum or PPM) is a legal document used in Guernsey and other financial jurisdictions to describe the details of an investment offering.
It typically includes:
The fund’s structure, objectives, and strategy
Risks associated with the investment
Fees and charges
Information about the fund manager and key parties involved
Regulatory disclosures and legal terms
In Guernsey, offering memoranda are used for non-public offerings and are an essential part of ensuring compliance with GFSC regulations. They help investors make informed decisions by presenting all necessary information before investing.
If you're reviewing an investment opportunity through your account, your financial adviser can provide the relevant offering memorandum and explain its contents.
The latest version of our Fund Offering Memorandum can be found here.