Private equity (PE) firms spend millions annually with law firms to manage high-end legal matters such as fundraising, merger and acquisition (M&A) transactions and litigation – but not all private capital firms are effective at managing those costs.
Legal & Regulation
By Bao Nguyen, Nick Tootle and Stephen Ng (pictured) – With a new administration in office, an evolving regulatory landscape, and tax changes potentially on the way, investment funds should be proactive about watching for any shifts in tax policy or compliance requirements that might impact future planning.
By A Paris — From the appeal of no income tax, to the supportive business community and the weather and lifestyle it offers, Florida has continued on its upward trajectory as an attractive location for financial and technology firms.
Manulife Investment Management extends offering of private markets capabilities to European investors
Manulife Investment Management (Ireland) Limited, has been authorised as an Alternative Investment Fund Manager (AIFM), enabling it to provide management company services to alternative investment funds (AIFs) in accordance with the Alternative Investment Fund Managers Directive (AIFMD).
ARIE Capital Group has been granted approval for its Private Fund Management (PFM) licence from the Asset Management Association of China (AMAC), and its Qualified Foreign Limited Partner (QFLP) licence by the Tianjin Free Trade Zone Bureau of Finance.
Apperio launches virtual legal expo for private equity, hedge funds and other private investment organisations
Apperio, in partnership with Private Equity Wire, Institutional Asset Manager, and Hedgeweek, is launching an all-new live virtual conference dedicated to helping stakeholders in private funds exchange ideas and best practices for efficiently deploying and managing legal resources. REGISTER NOW
Sanne, a global provider of alternative asset and corporate administration services has become the first successful applicant to secure a much-anticipated specialised depositary licence from the Central Bank of Ireland. Obtaining this licence further enhances Sanne's capabilities in Ireland and its multi-jurisdictional proposition for alternative fund managers.
FundRock has secured regulatory approval from the Autorité des Marchés Financiers (AMF), the French financial markets regulator, for FundRock FFAM, its new AIFM service in France.
Regulation has been at the forefront of investors’ minds ever since the global financial crisis in 2008. In the current environment, the need for oversight and monitoring is even more necessary as the industry navigates uncharted waters. However, this requirement for more robust supervision needs to be tempered with flexibility.
Private assets have experienced significant growth in the last few years and Ireland is now set up to further benefit from this expansion through the Investment Limited Partnerships (Amendment) Act 2020 (ILP Act) which was enacted into law in December 2020.