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Netherlands becomes first European country to implement AIFMD

The Dutch Parliament has approved a law that implements the Alternative Investment Fund Managers Directive (AIFMD).  The Netherlands is the first European country to implement this new piece of regulation created to limit risks for investors in those alternative investment funds. According to a KPMG survey, the Netherlands is now

Morrison & Foerster appoints corporate partner in Hong Kong

Morrison & Foerster has appointed Jeremy Hunt as a partner in the corporate practice in the firm’s Hong Kong office. Hunt (pictured) represents private equity firms and other investors and advisors in mergers and acquisitions, private equity investments, and related matters. Hunt, who joins the firm from Allen & Overy,

Carlyle names former Joseph Schenk operating executive for global financial

Alternative asset manager The Carlyle Group has appointed Joseph A Schenk, former Jefferies Group chief financial officer and most recently chief executive officer of First New York Securities, as an operating executive in the global financial services group. Schenk will provide strategic guidance to Carlyle professionals throughout the investment process,

Gibraltar and Italy signing a TIEA

Gibraltar signs TIEA with Italy

HM Government of Gibraltar has signed a Tax Information Exchange Agreement with the Government of the Italian Republic. The minister with responsibility for financial services, Gilbert Licudi QC, signed the agreement at the London Embassy of the Italian Republic. Ambassador Alain Giorgio Maria Economides signed on behalf of the Italian

Graphite Capital sells NES Global Talent

Graphite Capital, a UK mid-market private equity specialist, has sold NES Global Talent, the international technical recruitment group, to funds advised by AEA Investors for GBP234m. NES places highly skilled contract engineers and project managers with blue chip, multi-national clients, principally in the oil and gas industries, and also in

Jon Fowler, Maples and Calder

New partners join Maples and Calder’s funds team

Maples and Calder recently welcomed six new funds partners to its Cayman Islands office. Heidi de Vries, Julian Ashworth, Sheryl Dean, David Marshall, Philip Millward and Gwyneth Rees join associates Greg Barwick, Philip Dickinson, Patrick Head and Lucy Nicklas, who commenced employment in August. Tim Clipstone, a partner in the

Econocom acquires 100 per cent of the shares of Cap Synergy

Econocom, a European business-to-business IT and communications technology infrastructure management provider, has acquired 100 per cent of the shares of Cap Synergy. Cap Synergy, known in the field of IT security and which generates a turnover of nearly EUR10m, brings to Econocom its portfolio of clients consisting of medium and

Private Advisors acquires Cuyahoga Capital investment advisory business

Private Advisors has acquired the investment advisory business of Cuyahoga Capital Partners, a Cleveland, Ohio-based independent secondaries-focused private equity firm.  As part of the transaction, Cuyahoga Capital’s investment professionals will be joining Private Advisors’ private equity team and will be focused upon the deployment of their latest secondaries fund, which

Rock Hill Capital Group invests in Big Lake Services

Houston-based private equity firm Rock Hill Capital Group has closed on a majority recapitalisation of Big Lake Services, a West Texas oilfield services provider operating throughout the Permian Basin. Big Lake, founded in 2006 by chief executive Casey Davidson, has a management team with over 150 years of Permian Basin

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