Business services

In the latest episode of the Spotlight podcast: lessons the UK can learn from other tax jurisdictions; why it’s unlikely professionals in the UK PE industry will leave en masse; and what 'capital at risk' may really mean.

The market’s largest legal advisers worked on more than $800bn of transactions last year, marking their second busiest annual period.

Transfer agreements are seen as a $100,000 'copy & paste job' by some and 'complex legal contracts' that law firms are losing money on by others.

LPs are increasingly pushing for bespoke fund terms, creating added complexity for back-office functions.

In wake of Fifth Circuit decision, rules should be scrapped or carve out private fund managers, groups claim.

The firm asks GPs to ensure the limited partner advisory committee is consulted on the use of NAV facilities, co-chief executive Juan Delgado-Moreira tells PEI.

GP stakes deals can come up against a number of hurdles, including the retention of key people and liquidity rights, write Geoffrey Burgess, Matthew Dickman and Tom Berry of Debevoise & Plimpton.

Meet six lawyers pushing the envelope across private equity fund structures and transactions, including secondaries and sustainable finance.

The two firms have registered fund management businesses with the Asset Management Association of China – a legal requirement for raising capital or investing onshore.