Business services

In the wake of the Theranos scandal, some managers fret that when their own unicorns fail to meet expectations, investors may resort to litigation. It’s unlikely, but that doesn’t mean it’s impossible.

The California Consumer Privacy Act is coming, and the time for PE firms to take action is now, experts say.

LPs can find the options are limited when a fund manager restructures the leftover assets in a fund nearing the end of its life.

From the implications of Brexit to the growing number of GP-led restructurings, fund managers are wrestling with some weighty legal issues.

Calls are growing for the standardisation of the limited partnership agreement, but moves towards uniformity are fraught with difficulties, lawyers say

The firm is the latest in a string of private market money managers to make the change, citing an expected increase in its share liquidity.

Luxembourg is winning favour as a fund jurisdiction, but the UK still holds plenty of attractions for investors, say Sam Kay and Emily Clark of Travers Smith.

Worried that its venture capital market is lagging its European neighbours, the German government is doing all it can to provide more start-up support, says Andreas Rodin of P+P Pöllath + Partners.

Private foundations can be attractive investment partners, but deals need to be structured with the exit in mind to avoid some tricky tax issues, say Stephanie Pindyck-Costantino, P Thao Le and Christopher Bird of Pepper Hamilton.

What changes can we expect in private equity over the next decade? We asked a panel of our 40 Under 40 Future Leaders of Private Equity for their views.