February 2008 Issue
The new rules for reaching Japanese LPs
By satisfying certain requirements, GPs may be exempt from the latest regulatory hurdles in Japan presented by the recently passed Financial Instruments and Exchange Law (FIEL).
Redefining market terms
After the credit crunch, deal agreements are changing in important ways.
Laws of attraction
Several US states are striving to build their own Silicon Valleys with a mix of tax incentives and grants. This article surveys the ways seven states are trying to attract venture capital dollars.
Early stage goes global
Four US venture capital firms relay their varying experiences in establishing Asian operations.
Clifford reshuffles corporate practice
Clifford Chance’s UK corporate practice is now led by two partners with extensive private equity experience, Adam Signy and Matthew Layton.
Seeking greener pastures
NGEN Partners was tapped by CalPERS and other LPs to focus solely on the cleantech sector. Seven years and two funds later, the firm, founded by a former tanner, is preparing for a new burst of energy and capital.
Dechert partners up for HK office
The US firm has joined with Hong Kong’s Hwang & Co.
In pursuit of premium carry
When structuring premium carry on a contingency basis, GPs should consider the best- and worst-case scenarios.
The trouble with Canada
Canadian VCs complain that cross-border tax laws are responsible for the dismal state of the local venture capital industry.
Lobbyist PE boosts jobs
The Private Equity Council has released a new study conducted by a former US Under Secretary of Commerce that shows relative job gains at private equity-backed companies.
One step forward
IASB’s latest standards on business combinations echo those issued by FASB, suggesting efforts towards convergence are paying off.
Arsenal opens Shanghai office
The New York firm will support its US portfolio companies from China.
The insider
A US congressman quits to head up the hedge fund lobby.