--- title: Private Guide for explorers - Chapter one description: Explore how to design private markets funds for European investors, covering product strategy, liquidity, fund structures and operational success. --- - [Funds](https://fundsdata.carnegroup.com/search) - [Careers](https://www.carnegroup.com/careers/) - [Contact](https://www.carnegroup.com/get-in-touch/) Search: Go - How we help you - [Carne Access](https://www.carnegroup.com/carne-access/) - [Carne Transform](https://www.carnegroup.com/carne-transform/) - [Carne Select](https://www.carnegroup.com/carne-select/) - [Cayman directorship services](https://www.carnegroup.com/cayman-directorship-services/) - [Knowledge Hub](https://www.carnegroup.com/knowledge-hub/) - About us - [Company](https://www.carnegroup.com/company/) - [Force for good](https://www.carnegroup.com/a-force-for-good/) - [Curator](https://www.carnegroup.com/curator/) - [Career opportunities](https://www.carnegroup.com/careers/) - [Library](https://www.carnegroup.com/library/) - [Policies](https://www.carnegroup.com/policies/) - [Get in touch](https://www.carnegroup.com/get-in-touch/) - Latest thinking - [See all](https://www.carnegroup.com/latest-thinking/) - [News](https://www.carnegroup.com/latest-thinking/category/news) - [Insights](https://www.carnegroup.com/latest-thinking/category/insights) - [Events](https://www.carnegroup.com/latest-thinking/category/events) - [People](https://www.carnegroup.com/latest-thinking/category/people) - How we help you - [Carne Access](https://www.carnegroup.com/carne-access/) - [Carne Transform](https://www.carnegroup.com/carne-transform/) - [Carne Select](https://www.carnegroup.com/carne-select/) - [Cayman directorship services](https://www.carnegroup.com/cayman-directorship-services/) - [Knowledge Hub](https://www.carnegroup.com/knowledge-hub/) - About us - [Company](https://www.carnegroup.com/company/) - [Force for good](https://www.carnegroup.com/a-force-for-good/) - [Curator](https://www.carnegroup.com/curator/) - [Career opportunities](https://www.carnegroup.com/careers/) - [Library](https://www.carnegroup.com/library/) - [Policies](https://www.carnegroup.com/policies/) - [Get in touch](https://www.carnegroup.com/get-in-touch/) - Latest thinking - [See all](https://www.carnegroup.com/latest-thinking/) - [News](https://www.carnegroup.com/latest-thinking/category/news) - [Insights](https://www.carnegroup.com/latest-thinking/category/insights) - [Events](https://www.carnegroup.com/latest-thinking/category/events) - [People](https://www.carnegroup.com/latest-thinking/category/people) - [Funds](https://fundsdata.carnegroup.com/search) - [Careers](https://www.carnegroup.com/careers/) - [Contact](https://www.carnegroup.com/get-in-touch/) ![Explorers\_Private\_Guide\_Hero\_Image\_1920x1080](https://landing.carnegroup.com/hs-fs/hubfs/Explorers_Private_Guide_Hero_Image_1920x1080.jpg?width=2000&height=1125&name=Explorers_Private_Guide_Hero_Image_1920x1080.jpg "Explorers_Private_Guide_Hero_Image_1920x1080") ![Carne PM - Purple](https://landing.carnegroup.com/hs-fs/hubfs/Carne%20PM%20-%20Purple.png?width=2000&height=1125&name=Carne%20PM%20-%20Purple.png "Carne PM - Purple") # Private Guide for explorers Your essential companion for European private markets  ## Chapter one: Planning your products [Download](https://landing.carnegroup.com/private-guide-explorers-chapter-one#chapter-1) [Return to Private Guide home](https://landing.carnegroup.com/private-guide?hsLang=en) ![Explorers](https://landing.carnegroup.com/hs-fs/hubfs/Explorers_Private_Guide_Hero_Image_1920x1080.jpg?width=2000&height=1125&name=Explorers_Private_Guide_Hero_Image_1920x1080.jpg "Explorers")   This first chapter begins with the foundation of every successful launch: the product. Explore the strategic decisions behind successful product design – from evolving investor expectations and fund structures to the practical choices that support fundraising, distribution and long-term growth. Whether you're refining an existing proposition or planning a new launch, this chapter offers a practical framework for evaluating your product strategy through a European lens. You'll come away with a clearer understanding of the questions that matter most when designing products for European investors – and the trade-offs that shape successful outcomes. The decisions made at product stage influence every aspect of a successful European strategy. That's why this chapter lays the groundwork for the discussions on domicile, distribution and operating models that follow. [Download](https://landing.carnegroup.com/private-guide-explorers-chapter-one#chapter-1) **A preview of what's inside:** ![Untitled design (20)-1-1-1](https://landing.carnegroup.com/hubfs/Untitled%20design%20(20)-1-1-1.png) **How European investor expectations are reshaping product design** Uncover the trends influencing demand across institutional, private wealth and retail markets.  ![Untitled design (15)](https://landing.carnegroup.com/hubfs/Untitled%20design%20(15).png) **Which fund structures are best suited to different strategies** Compare the product options available and when each structure is most effective.  ![Untitled design (17)](https://landing.carnegroup.com/hubfs/Untitled%20design%20(17).png) **How to stress-test products before launch** Assess whether product design, liquidity and operations are aligned for long-term success.  ## **Download chapter one** Start planning your European product strategy. **The series continues...** Subscribe to receive each chapter as soon as it’s released. ![The Journey (1000 x 1200 px) (12)-1](https://landing.carnegroup.com/hs-fs/hubfs/The%20Journey%20(1000%20x%201200%20px)%20(12)-1.png?width=144&height=42&name=The%20Journey%20(1000%20x%201200%20px)%20(12)-1.png) **Chapter 2: Domicile decisions** Choose the right home for your strategy This chapter compares Europe's leading fund jurisdictions, explores the regulatory frameworks available and explains how domicile choices influence fundraising, distribution and operations. [Notify me](https://2b9asq.share-eu1.hsforms.com/2pYZdscxnQOqTd0Iz25w2Ng) ![The Journey (1000 x 1200 px) (12)-1](https://landing.carnegroup.com/hs-fs/hubfs/The%20Journey%20(1000%20x%201200%20px)%20(12)-1.png?width=144&height=42&name=The%20Journey%20(1000%20x%201200%20px)%20(12)-1.png) **Chapter 3: Distribution direction** Build a route to European investors This chapter uncovers how products are distributed across Europe, how investor channels differ between markets, and what managers should consider when building an effective distribution strategy. [Notify me](https://2b9asq.share-eu1.hsforms.com/2cSIfG0y9QT2v__-CHSbaQg) ![The Journey (1000 x 1200 px) (12)-1](https://landing.carnegroup.com/hs-fs/hubfs/The%20Journey%20(1000%20x%201200%20px)%20(12)-1.png?width=144&height=42&name=The%20Journey%20(1000%20x%201200%20px)%20(12)-1.png) **Chapter 4: Picking your partners** Choose partners and build a platform for growth This chapter delves into the ecosystem of administrators, AIFMs, depositaries and other service providers, helping managers build a scalable platform from day one. [Notify me](https://2b9asq.share-eu1.hsforms.com/25W0OPCwsQrG5q960K9bymQ) **Carne's solutions** Our expertise spans an extensive range of asset classes and fund structures across global jurisdictions, including both traditional and private assets. We empower asset managers to focus on their primary business, allowing them to launch funds quickly, reduce costs, and stay ahead of regulatory changes. Whatever your size, we offer Unity through simplicity™ – operations and data in one place for total control. Here are the three principal ways asset managers choose to partner with Carne.  ![Carne-Access-Graphic-RGB](https://landing.carnegroup.com/hs-fs/hubfs/Carne-Access-Graphic-RGB.png?width=173&height=173&name=Carne-Access-Graphic-RGB.png) Carne **Access** Gain access to European investors in the jurisdictions you want, for the asset classes you want, at the speed you want. We work with everyone from small boutique funds launching for the first time to some of the world’s largest financial institutions. We’ll guide you every step of the way. **Read more** ![Carne-Transform-Graphic-RGB](https://landing.carnegroup.com/hs-fs/hubfs/Carne-Transform-Graphic-RGB.png?width=173&height=173&name=Carne-Transform-Graphic-RGB.png) Carne **Transform** Optimise resources by outsourcing your proprietary management company to a tech-driven specialist: focus on your core strengths, gain more control, reduce risk and significantly lower costs. **Read more** ![Carne-Select-Graphic-RGB](https://landing.carnegroup.com/hs-fs/hubfs/Carne-Select-Graphic-RGB.png?width=173&height=173&name=Carne-Select-Graphic-RGB.png) Carne **Select** Receive expert support to improve the speed, efficiency and functionality of your proprietary management company where it matters most. A toolkit of specialist services covering distribution, reporting, AML and governance. **Read more** --- ## We'd love to hear from you Contact our team to find out more. 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