GPs managing euro-denominated funds should have contingency plans in place to maintain smooth operations in the event of a Euro collapse, legal advisors warn.
2 min read · 06 January 2013
The European Commission is creating a new pan-EU funds regime for businesses that produce a positive social impact, rather than financial gain.
1 min read · 06 January 2013
The US development finance institution is now offering private equity funds political risk insurance for investments in emerging markets.
1 min read · 06 January 2013
Following a plea from legislators, US regulators have pushed back the comment period on the closely watched Volcker Rule. The move could spell trouble for banks who still face a July compliance deadline.
2 min read · 06 January 2013
While TPG’s tax dust-up in Australia has spooked GPs, the country's government supports rules designed to provide some clarity around foreign funds’ tax liabilities.
2 min read · 06 January 2013
Partisan gridlock has prevented a so-called ‘Super Committee’ of US lawmakers from agreeing a deficit reduction plan, preserving carried interest under capital gains tax in the short term.
1 min read · 06 January 2013
UK Chancellor George Osborne hinted during his Autumn Statement that so-called 'TUPE' employment laws, criticised by some buyout firms as inflexible, are to be reformed.
2 min read · 06 January 2013
Bank of America Merrill Lynch’s former senior vice president, COO and CFO of global private equity will now oversee PwC’s services to private equity portfolio companies at a time of market uncertainty.
1 min read · 06 January 2013
UK-listed private equity group 3i has 'weeks, maybe months' left to turn around its struggling Eurofund V, a challenge many GPs will soon face as investment periods on boom year vintage funds begin to expire.
2 min read · 06 January 2013
Private equity compliance officers have a tough task getting portfolio companies up to speed with US and UK anti-corruption legislation, according to a new survey from Kroll.
1 min read · 06 January 2013
