Nicholas Donato

Ropes & Gray continues building its London private equity bench with lateral hires and Texas law firm Baker Botts recruits an experienced Russian private equity lawyer for its Moscow office.

Clifford Chance and SJ Berwin have fought off US competition to retain their titles as Europe’s premier private equity legal advisors, with the status quo also preserved on the other side of the Atlantic.

Citing market demand, the ‘big four’ accountancy firm has added John Budzyna and Maurice Holmes to its alternative investments practice.

A private equity vehicle controlled by the New York investment firm is under investigation for allegedly puffing up the value of one of its holdings, according to a report from the Wall Street Journal.

Certain UK-based funds may have to reveal potentially sensitive information come this April when revised accounting regulations take effect.

The US regulator is seeking to hire hundreds of additional examiners to help supervise the private funds industry, which in turn fears an underfunded SEC might result in an aggressive self-regulated supervisory framework.

A large majority of GPs are under pressure from investors to contribute more capital to their own funds - but most may be unwilling or even unable to do so, according to a new Investec survey.

Occupy Wall Street protestors have submitted a detailed response to the Volcker Rule, arguing for stricter relationships between banks and private equity firms.

Despite the higher capital charges, European insurers say they plan to increase their private equity investments under the Solvency II framework as a way of capturing yield.

Hogan Lovells lays claim to playing a part in the first ever leveraged buyout of a UK law firm, while Reed Smith continues to poach SJ Berwin talent as private equity practices look to strengthen their teams.