FAQs for the proposed EU Directive
The EU is still in the process of adapting its controversial Directive on Alternative Investment Fund Managers after a storm of criticism from the affected managers and plenty of disagreement among the member states. In the meantime, here is what private equity firms need to worry about in the current proposal. By Marcia MacHarg, Anthony McWhirter, Philipp von Holst and Ina Maria von Raven of Debevoise & Plimpton