Cinven Shifts Registration to Guernsey, Financial News Reports

March 5 (Bloomberg) -- Cinven Ltd., the British private-equity firm, is moving its management vehicle offshore to the tax haven of Guernsey, Financial News reported today, citing a source close to firm.

Cinven is changing from a limited company into a U.K.-based limited liability partnership, with all of its 18 partners and a few other individuals becoming members, the publication said on its website. Cinven declined to comment to Financial News.

To contact the reporters on this story: Anne-Sylvaine Chassany in London at achassany@bloomberg.net

To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net