In part 2 of Episode 8, Nicholas d'Adhemar and Charlotte Henderson make predictions about the future of the legal profession. They share their thoughts on the long-term impact of the Covid-19 crisis on capital solutions, how the way in-house legal teams collaborate internally and externally will change over time, and what the biggest pressure felt by GSs in the next few years is going to be…
Legal & Regulation
The Cayman Islands Private Funds Law 2020, which commenced on 7 February 2020 but will apply to all existing funds from 7 August, will extend the oversight role played by depositaries for many Cayman investment funds, according to INDOS Financial, an independent depositary and oversight group.
Like every business, the Private Equity sector has been buffeted by the COVID-19 crisis.
LGB Corporate Finance has arranged a GBP20 million Medium Term Note (MTN) programme for Simply Asset Finance, a private equity backed specialist asset finance provider. The facility will enable Simply Asset Finance to expand its lending capabilities.
When it comes to investing in Latin America’s private markets, Brazil leads the way, accounting for 58 per cent of all Private Equity and Venture Capital investment in 2019, according to the Association for Private Capital Investment in Latin America (LAVCA).
The number of alternative fund managers choosing to market their funds into the EU through Jersey using national private placement regimes (NPPR) continued to grow in the second half of 2019, according to the latest figures from Jersey’s financial services regulator.
Budget proposals to review tax regime for funds could see UK challenge Luxembourg, the Channel Islands and Cayman Islands
Government proposals to review how asset holding companies for private equity, credit and property investment funds are taxed could create an opportunity for the UK’s financial services industry, says Jason Collins, Tax Partner, of Pinsent Masons, the international law firm.
Russell Investments completes private fund management registration in China to serve domestic qualified investors
Global investment solutions firm Russell Investments has completed private fund management (PFM) registration in China to develop and sell funds investing in onshore assets to qualified investors.
Private equity groups keen to bolster their ‘green’ credentials may wish to consider how they might avail of upcoming Proposed Taxonomy Regulation in Europe, as they seek to standardise, and measure, the real impact of sustainable investments in their portfolios.