Thomas Duffell
A proposed rule preventing CLO managers from bringing in outside investors to help finance deals could give private equity backed CLOs a competitive advantage, but could seriously hamper available leverage in Europe.
The popular fund domicile’s securities regulator has transposed the full text of the directive into national law.
Fresh research shows that the private equity industry is still mostly an all-white male’s club. It may fall on LPs to shake things up a bit.
PE Manager tracks third party service providers: A Park Hill managing principal heads to CVC; fund administrator Moore Group names its private equity director; and Duff & Phelps loses a managing director.
The German listed private equity firm will register its shares to know for the first time who its stakeholders are, a transparency effort expected to result in cost savings.
Despite months of uncertainty, and no guidance from its local regulator, Italy will be able to authorize fund managers under the directive on time, expect sources.
EU insurers are pulling back from private equity despite ongoing delays in Solvency II rulemaking.
A European parliamentary committee voted to implement a financial transaction tax that could hit GPs when buying and selling shares in portfolio companies.
The US accounting standard setter has backed three proposals from the Private Company Council that will improve financial reporting for private equity firms and portfolio companies.
PE Manager tracks third party service providers: UBS names co-heads for its private equity secondaries business; Duff & Phelps appoints its European managing director; and more.