Private Equity Wire - Daily News en Harbour offers market-leading funds support <p><em><strong>Harbour Financial Services Limited is an independent fund administrator that has earned a strong reputation in Bermuda for providing award-winning service to a range of alternative investment and private equity&nbsp;funds.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Fund administration Fri, 24 Mar 2017 14:04:14 +0000 mkitchen 249982 at KPMG survey reveals the impact of technology <p><em><strong>To investigate the extent to which technology is disrupting the financial services sector, KPMG recently partnered with the Alternative Investment Management Association (AIMA) and the Managed Funds Association (MFA) to determine how managers are responding.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Surveys & research Technology and software solutions Fri, 24 Mar 2017 14:00:42 +0000 mkitchen 249981 at BSX leads the way for ILS listings <p><em><strong>Last year proved to be hugely successful for the Bermuda Stock Exchange (BSX). From a pure growth perspective, the BSX ended 2016 with a total market capitalisation of USD343.8 billion, up more than 41 per cent on the previous year. The same was true of trade volume. The RG/BSX Index closed out the year at 1,923.79, up 47.52 per cent on the calendar year 2015, with a reported 31.75 per cent increase in trading volume, which saw 8.2 million shares traded.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Listings Fri, 24 Mar 2017 13:55:42 +0000 mkitchen 249980 at ILS market could reach USD100 billion <p><em><strong>The Horseshoe Group was established in 2005 and is a leading provider of insurance management services to insurers, reinsurers, as well as insurance linked securities (ILS) structures such as sidecars and catastrophe bonds.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Fund administration Offshore Fri, 24 Mar 2017 13:50:39 +0000 mkitchen 249979 at Further opportunities for PE growth <p><em><strong>For managers who may already be using an onshore Delaware LLC, they now have the opportunity to use a Bermuda LLC as an offshore vehicle. This follows the formal introduction of the Limited Liability Company Act 2016 (LLC Act), which was passed in the Senate in July 2016 and became operative on 1 October, 2016.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Offshore Legal & Regulation Fri, 24 Mar 2017 13:43:57 +0000 mkitchen 249978 at Introducing the Bermuda LLC <p><em>By Sally Penrose (pictured), Appleby &ndash; <strong>The Limited Liability Company Act 2016 (LLC Act) came into force on 1 October, 2016 and introduced into Bermuda its first new corporate structure in 100 years. Appleby is pleased to have been able to work closely with the legislature to ensure that Bermuda&#39;s existing funds law is simultaneously amended so that LLCs are available immediately for use in investment fund structures. Appleby are ideally placed to advice with respect to LLCs.</strong></em></p> <p><a href="" target="_blank">read more</a></p> Offshore Fri, 24 Mar 2017 13:26:42 +0000 mkitchen 249977 at A bespoke, risk-based approach to regulatory oversight <p><em><strong>Bermuda&#39;s financial regulator, the Bermuda Monetary Authority, takes a risk-based approach to regulating and supervising the entities for which it is responsible, including investment funds, investment providers, fund administrators, trust companies, insurers and&nbsp;banks.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Offshore Legal & Regulation Fri, 24 Mar 2017 13:20:35 +0000 mkitchen 249976 at Bermuda Fund Services 2017 - Foreword <p><em>By Ross Webber (pictured), Bermuda Business Development Agency (BDA) &ndash; <strong>Global regulatory burdens, cost pressures, fintech disruption, and political uncertainty on both sides of the Atlantic are shaping up to pose significant challenges to the asset-management industry in 2017 and beyond. Britain&#39;s sortie into extended Brexit negotiations and Trump&#39;s tax-reform ambitions seem to be holding investors and companies on tenterhooks. The only thing constant, as the old axiom goes, is change.</strong></em></p> <div class="field field-type-nodereference field-field-directory-company"> <div class="field-label">Company:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <a href="/gfmdirectory/business-bermuda">Bermuda Business Development Agency </a> </div> </div> </div> <p><a href="" target="_blank">read more</a></p> Fri, 24 Mar 2017 13:16:19 +0000 mkitchen 249975 at Institutional framework for family offices <p><em><strong>As family offices look for the best jurisdictions in which to establish trusts and wealth preservation vehicles, being able to benchmark the institutional quality of a specific jurisdiction and rely on high-quality outsourcing options, are increasingly important considerations. The following report provides an overview of how and why Bermuda is living up to these expectations.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Legal & Regulation Fri, 24 Mar 2017 13:10:45 +0000 James.Williams 249974 at Progressio raising EUR225m for fourth fund <p><em><strong>Progressio SGR, the Italian private equity firm, is raising a new fund, Progressio Investimenti III, in response to LP demand and a doubling of proprietary deal flow over the past five years.</strong></em></p> <p><a href="" target="_blank">read more</a></p> Private Equity Launches & Fundraising Fri, 24 Mar 2017 13:04:08 +0000 Emily.Perryman 249973 at Bermuda Fund Services 2017 <div class="field field-type-text field-field-specials-description"> <div class="field-label">description:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> This special report looks at how Bermuda&#039;s determination to provide a wide array of investment fund structures underpinned by the Bermuda Monetary Authority&#039;s bespoke, risk-based approach to regulatory oversight, is attracting a new wave of investment funds, including private equity and ILS vehicles, to the island, which offers listing services on the Bermuda Stock Exchange in addition to a complete range of fund services from leading providers with global reach. </div> </div> </div> <div class="field field-type-text field-field-original-file"> <div class="field-items"> <div class="field-item odd"> Bermuda Fund Services 2017 </div> </div> </div> Bermuda Fund Services Fri, 24 Mar 2017 10:55:10 +0000 mkitchen 249960 at Blue River and Eaton whitepaper looks at outsourcing in the alternative assets industry <p><em><strong>Blue River Partners, together with Eaton Partners, have co-authored a whitepaper aimed at the alternative assets industry which examines the history and impact of the outsourcing trend on today&#39;s market, and provides answers to questions frequently asked by managers.</strong></em></p> <p><a href="" target="_blank">read more</a></p> White papers Fri, 24 Mar 2017 10:29:38 +0000 Emily.Perryman 249958 at Gide advises KPS Capital Partners on Winoa acquisition <p><em><strong>Gide has advised US fund KPS Capital Partners on the acquisition of Winoa, which includes WHA Holding and its affiliates, from a consortium of investors led by KKR.</strong></em></p> <p><a href="" target="_blank">read more</a></p> Acquisitions Fri, 24 Mar 2017 09:09:59 +0000 Emily.Perryman 249944 at PE deal volume up 18 per cent in 2016, says Clearwater <p><em><strong>Private equity funds continued to invest across Europe in 2016 with an 18 per cent annual growth rate in deals volume, according to data released by Clearwater International.</strong></em></p> <p><a href="" target="_blank">read more</a></p> Private Equity Fri, 24 Mar 2017 09:08:20 +0000 Emily.Perryman 249943 at BakerHostetler adds team to M&A and tax practices <p><em><strong>BakerHostetler has added partners Goodarz &ldquo;Goody&rdquo; Agahi and Ryan Gaglio and associates Pace McCaskill and Ron Birnkrant to the firm&rsquo;s Costa Mesa office.</strong></em></p> <p><a href="" target="_blank">read more</a></p> Moves & Appointments Fri, 24 Mar 2017 09:07:04 +0000 Emily.Perryman 249942 at Twin Brook Capital appoints head of capital markets <p><em><strong>Twin Brook Capital Partners, the middle-market direct lending subsidiary of Angelo, Gordon &amp; Co, has appointed Garrett Ryan as a partner and head of capital markets, effective immediately.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Moves & Appointments Thu, 23 Mar 2017 14:41:19 +0000 Emily.Perryman 249931 at Suir Valley Ventures invests in educational VR company <p><em><strong>Venture capital fund Suir Valley Ventures, which was launched in partnership with Shard Capital Partners in February 2017, has made its first investment in Immersive VR Education (IVRE), a developer of virtual reality (VR) software and immersive experiences with a specific focus on education.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Investments Venture Capital Thu, 23 Mar 2017 14:39:54 +0000 Emily.Perryman 249930 at Gattai, Minoli, Agostinelli & Partners advises Stirling Square and Axitea on deal with creditors <p><em><strong>Italian security firm Axitea has received majority approval for a proposed deal with creditors on its EUR200 million total debt, aimed at ensuring the going concern of the business.</strong></em></p> <p><a href="" target="_blank">read more</a></p> Deals and Transactions Thu, 23 Mar 2017 13:01:16 +0000 Emily.Perryman 249926 at Private Equity Wire 2017 Global Awards – voting closing soon... <p><em><strong>We are conducting a survey of the Private Equity Wire readership to assess the best private equity fund performers and service providers during 2016&nbsp;in a range of categories covering the entire private equity space.&nbsp;</strong></em></p> <p><a href="" target="_blank">read more</a></p> Private Equity Thu, 23 Mar 2017 10:17:17 +0000 mkitchen 247766 at CalALTs white paper sets out best practices for hedge and private equity funds <p><em><strong>The California Alternative Investments Association (CalALTs), whose members include alternative asset managers, investors and service providers in California, has issued a white paper on best practices for hedge fund and private equity operations.</strong></em></p> <p><a href="" target="_blank">read more</a></p> White papers Thu, 23 Mar 2017 10:05:21 +0000 Emily.Perryman 249910 at