Thomas Duffell
A recent SEC enforcement case has highlighted the need for GPs to be wary of 'reverse takeover advisors' when investing in China-based companies listed in the US.
JP Morgan adds Form PF capabilities to its services while McGladrey bolsters its Connecticut office.
As regulatory and reporting demands on GPs increase, technology is playing a critical role in helping them to manage back office tasks as they expand.
Private equity firms need to be cautious when entering into confidentiality agreements, warn legal sources. Three recent US cases highlight the dangers of poorly negotiated contracts.
The AIFM directive's provision on 'asset stripping' portfolio companies could make it tougher for GPs to return investors' cash and may create an unlevel playing field across jurisdictions.
Private equity firms dealing in commodities will need to relay more information and provide more collateral to swap dealers as a result of CFTC and SEC rulemaking.
Under its current guise the Volcker rule could reach across US borders in preventing banks from sponsoring certain foreign private funds.
A letter from twenty large fund managers criticises the AIFM’s delegation standards which aim to put an end to half-yearly 'breakfast directors’ meetings, according to a FT report.
GPs are pushing for fund administration providers and other non-bank entities to fulfill depository obligations under the AIFM directive.
Foreign whistleblowers may be reluctant to come forward after a recent US court ruled anti-retaliation protection doesn’t apply outside the US.