PE Tech Report

Europe

Paul Van den Abeele, Clifford Chance

SCSp is now part of the fund structuring toolbox

“The Special Limited Partnership (SCSp) has been successfully introduced into Luxembourg law. It is set to benefit from onshore fund activity following the AIFMD and is of particular interest to Anglo-Saxon managers and investors given their familiarity with limited partnership structures,” explains Paul Van den Abeele (pictured), Partner at Clifford Chance

James Williams, Hedgeweek

Luxembourg braces itself for increased PERE fund activity

According to figures released by ALFI at the end of July 2014, there were 3,891 funds with total assets of EUR2.90trn. By comparison, at the end of 2013 the size of Luxembourg’s fund industry was EUR2.61trn with 3,902 funds. During 2013 the number of sub-funds increased by 265 and there

Augentius approved as Luxembourg depositary

Augentius has received authorisation from the Ministère des Finances, Luxembourg to act as an authorised depositary to private equity and real estate funds under the Alternative Investment Fund Managers Directive (AIFMD). “Luxembourg is an important domicile for us,” says Ian Kelly, group chief executive, “and it is increasingly used as

Crestbridge report examines key AIFMD issues

Risk management, cost and changes in fund structuring are the key issues for managers and investors arising from the initial impact of the Alternative Investment Fund Managers Directive (AIFMD), according to Crestbridge. Launched at a special Crestbridge Forum, attended by over 100 highly influential fund sector specialists in Luxembourg on 2

Confluence engages Fundsquare to simplify AIFMD filing for asset managers

Confluence is collaborating with Fundsquare to provide secure delivery of AIFMD Transparency Reporting to all National Competent Authorities (NCAs) across Europe. The Confluence SaaS-based technology-enabled Unity NXT AIFMD Transparency Reporting aims to ensure completeness, accuracy and control over the entire AIFMD reporting process — from the collection of data, the

FCA and ESMA release new guidance on AIFMD and Annex IV reporting

AIFMD Annex IV reporting is rapidly approaching for alternative investment fund managers (AIFMs) and with that deadline has come a last minute scramble to determine reporting requirements, according to ConceptOne. The FCA released two documents pertaining to Annex IV reporting for both EU and non-EU AIFMs on 29 September and

Big hopes for Small Business bill, say SMEs

Some 80 per cent of SMEs believe that the government’s new Small Business bill will provide them with greater access to funding, according to research from private equity firm Key Capital Partners. The latest ‘Growth Panel’ report, which surveys 100 UK SMEs, revealed that 95 per cent of small businesses

UK flag

Move to make UK global centre for sharing economy

Prompted by the success of a new wave of businesses including Airbnb, Rentmyitems and Zipcar, the UK Government is launching an independent review of the sharing economy. Technology-based business models that help people share their property, time and skills are revolutionising traditional sharing practices and building a new wave of

UK passport

‘Border controls’ imposed by domestic regulators inhibit cross-border fund marketing

Domestic regulations in Europe are inhibiting the cross-border benefits of the European Commission’s Alternative Investment Fund Managers Directive (AIFMD), according to analysis by law firm CMS. CMS has released a passporting guide to help Alternative Investment Fund Managers (AIFMs) navigate the new legislation and understand the complexities of cross-border fund

Events

12 September, 2024 – 6:00 pm

Directory Listings