Thomas Duffell
Despite industry concerns to the contrary, a top EU regulator said the directive’s capital requirements for private equity will actually boost the asset class’s appeal to insurers.
.jpg "Levin slams FASB’s revenue recognition work")
Democrat Senator Carl Levin criticized the accounting standard setter’s convergence efforts saying they are ‘undermining US financial reporting integrity.’
A year past its deadline, Spain has finished transposing the EU-marketing regulation into national law.
The Institute of Directors is urging the UK government to provide venture capital trusts an exemption from inheritance tax.
John Hopley joined the US-based fund of funds MENA arm as chief financial officer.
Richard Perris, managing director of legal at private equity house CVC, will take up the position at the firm’s private debt arm.
The industry trade body is against a recent UK government proposal to put a cap on the fees defined contribution scheme investors can pay funds.
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Third party service provider news: CT Partners loses a senior recruiter; Alter Domus opens in Germany; more
GPs may have reached their limit on how much information they’re willing to share with investors.
.jpg "UK eases marketing reporting for non-EU GPs")
GPs marketing a master-feeder fund structure using the UK’s private placement regime do not need to file an Annex IV report for the master fund, according to the UK’s private funds regulator.