FORWARD FEATURES CALENDAR

Allocations

The Midlands Engine Investment Fund (MEIF) Debt Finance, managed by Maven Capital Partners (Maven), has provided Lincolnshire-based, Jepco, with a GBP900,000 funding package, which will enable the horticulture firm to acquire the hydroponic technology and equipment needed to expand production all year round. The finance package will also create 14 new jobs in the region. This is the second MEIF loan made to the Jepco Group.   Two distinct opportunities have arisen for Jepco. The first is to help protect crop growers in the UK, affected by Fusarium, a soil fungi that destroys crops. The second is the introduction of
ACTIAM Institutional Microfinance Fund III has been renamed as the ACTIAM Financial Inclusion Fund and will look to build on the successful track record gained by the asset manager over the years in the field of microfinance. The ACTIAM Financial Inclusion Fund’s aim is to achieve positive social impact by extending private loans to financial institutions in emerging countries and thus to help micro-enterprises and MSMEs (micro and SME companies) to gain access to financing in such countries. New professional investors can join a portfolio which is already fully invested and which has a successful track record. The fund actively
The swathe of transparency disclosures required by new and upcoming regulation has been putting pressure on private equity firms. However, PE managers can work with pragmatic and knowledgeable law firms to understand exactly how the rules apply to their particular situation and consider whether there is a basis for limiting disclosure about their business and their investors. Andrew Knight (pictured), Managing Partner, Harneys Luxembourg explains: “There’s an ever increasing degree of transparency being demanded and there are all the regulatory processes and associated cost that go with that. We’ve been closely involved with the common reporting standard and Fatca disclosure
By Andrew Frost (pictured), Lawson Conner, & Justin Partington, IQ-EQ – Enhanced due diligence, including Know Your Customer (KYC), when completing complex acquisitions of businesses or assets is not only a basic expectation under current Anti-Money Laundering (AML) regulations, but also makes commercial sense for all parties involved. Minimising your exposure to financial risk through KYC Performing KYC checks when completing acquisitions is crucial both from a regulatory standpoint, to avoid sanctions, fines or reputational damage and from a risk standpoint to avoid financial losses. Recent high-profile cases, such as the merger between JP Morgan Chase and Washington Mutual where subsequent regulatory issues came
Luxembourg is seeing a growing number of US managers interested in setting up private equity structures to access European investments and clients. Richard van ‘t Hof, head of Trident Trust’s operations in Luxembourg talks about the opportunities and challenges managers face when crossing the Atlantic. What is the goal for Trident Trust’s business in Luxembourg? Our primary goal is to keep our clients satisfied! But we also have plans to significantly grow our fund services business in Luxembourg. We have steadily grown our two main services, corporate administration and fund administration, since we opened in Luxembourg in 2009, but we
As price competition increases in the provision of third party management company services in Luxembourg, the focus on quality and deep regulatory expertise is becoming even more important. “It’s a competitive landscape with many new management companies starting up,” explains Daniela Klasén-Martin (pictured), Group Head of Management Company Services, Managing Director Luxembourg at Crestbridge a provider of global administration, management & corporate governance solutions. “Quality is important because there is a lot of cost pressure. There are new players in the third party management company market who are putting prices down. This can be quite dangerous because there is a
The private equity, private debt and real estate fund markets are growing strongly across the globe. Record amounts of assets are flowing into these asset classes as investors look to allocate to strategies which offer attractive returns in a global low interest rate environment. Investors are able to avail of funds structured in a number of jurisdictions – in Europe and in North America or the Caribbean. Increasingly, though, European investors are showing a preference to invest in European structures. Funds continue to be established in the traditional jurisdictions of the Channel Islands and onshore UK, but increasingly funds are
Fund administrators are moving up the chain into middle office and portfolio management functions as they broaden their services to offer more holistic support to their asset management clients. The success of this is currently reliant on a strong human relationship between administrators and fund managers. However, as the alternatives industry moves to more standardisation, technology will play a greater role in helping fund administrators provide a superior service to their fund management clients. “Historically, the fund administration business was very much about the back office. In the past few years, however, administrators have taken steps up the chain into
Q&A with Mark Shaw, Partner, Wildgen Investment Fund… How would you assess the regulatory environment in Luxembourg from a PE funds perspective?  Luxembourg’s PE fund regulatory environment is framed by the fact that PE funds fall within the EU’s various directives and regulations, chief among which is the regime under the Alternative Investment Fund Managers Directive (“AIFMD”). Within that wider framework, there are then degrees of regulation available to promoters of PE funds, from unregulated sub-threshold AIFs with a registered AIFM, reserved alternative investment funds (RAIFs) with an authorised and regulated AIFM, through to specialised investment funds (SIFs) or investment
As the private capital markets develop further and regulation continues to increase, asset servicers shoulder growing reporting and supervisory burdens on behalf of their clients. As a result, an automated technology solution to manage the sheer volume of data needed to invest in this area can provide operational efficiency and also allow for more cost effective investment by limited partners (LPs). “The demand for deep and more granular data is much higher today than it was 10 years ago,” says Dr Daniel Schmidt, CEO, CEPRES. “In the past it was possible to invest in private capital markets by just looking

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