Claire Wilson
Sentiment towards Brexit is polarised, but the general outlook for European alternatives is positive, a study shows.
Recruitment of M&A and cross-border transaction specialists builds on strategic expansion that began this year.
Majority of debt issued to private equity funds by portfolio companies will not be subject to the new legislation.
Long-awaited draft guidance on disguised investment management fees rules was circulated to investment advisors last week, but income based carried interest rules interpretation still outstanding
Ijara Capital Partners will target $100 million to invest in SMEs in the energy, healthcare, and education sectors.
Removal of restrictions on asset holdings by Solvency II, coupled with low fixed income returns, is encouraging insurers to allocate more cash to alternatives.
UK trade minister Mark Garnier said on Wednesday the UK is likely to lose its financial passporting rights as a result of Brexit, but research suggests the alternatives industry would be relatively unscathed.
Fund managers will no longer have to report commitments made by foreign entities if the investment gives it less than 10 percent of the voting interest in any portfolio companies.
Private fund firms must review confidentiality agreements to ensure they do not prevent whistleblowing activities, have they not already done so.
Private equity firms will have to provide high net worth individuals’ key information documents relating to their funds under EU legislation due into force on 31 December