The Chinese government has released a circular on RMB cross-border foreign direct investment, in effect providing RMB funds raised offshore a clearer path into mainland investment opportunities.
2 min read · 06 January 2013
A German tax case has raised questions around the tax treatment of foreign funds.
3 min read · 06 January 2013
The US Securities and Exchange Commission has appointed a chief for its examination programme, a 450-strong team of lawyers and accountants responsible for inspecting registered investment advisors, soon to include PE firms.
2 min read · 06 January 2013
Despite a 27% drop in the amount of advisory fees Goldman Sachs has secured from GPs this year compared to last, the Wall Street titan still outranks all other banks.
1 min read · 06 January 2013
Updated risk-based capital holding requirements have spurred the French family banking group to offload its private equity fund of funds business to management, led by David Seligman.
1 min read · 06 January 2013
UK financial services firms have just three weeks left to put in place policies designed to record employees’ mobile phone conversations with clients.
2 min read · 06 January 2013
BVCA chief executive Mark Florman said the private equity industry had no one to blame but itself for onerous regulations, adding changes were needed to ensure favourable oversight in the future.
2 min read · 06 January 2013
The fund of funds is expanding its product development team with the hiring of Amanda McCrystal from rival firm HarbourVest.
1 min read · 06 January 2013
Analysts at the Swiss bank said a new €57bn EU financial transaction tax lacks the necessary support for approval.
2 min read · 06 January 2013
The private equity industry’s UK lobbying arm is calling for institutional investors to be included in a new government scheme to provide tax breaks for investors in small UK businesses.
2 min read · 06 January 2013
