Claire Wilson
Claire Wilson is the editor of private funds management, PEI Media’s cross-asset class legal and compliance-focused title. Based in London, Claire produces and oversees content for privatefundsmanagement.net and the monthly magazine. Prior to joining PEI she covered European energy policy and regulation, and asset management.
Fund managers and auditors expect EU regulators to follow US lead and begin overseeing fund valuation processes.
European financial rules are unlikely to change in the immediate future, as the regulator waits for the dust to settle on measures introduced over the past five years.
Frank Jordan joins the firm a month after the launch of its preferred equity and fund restructuring business.
SEC chairwoman Mary Jo White’s legacy, built over almost four years as head of the commission, includes a catalog of far-reaching regulations that impact private fund managers.
A global set of financial standards and a transitional system to facilitate adaptation to post-Brexit rules were among the suggestions put forward by Financial Conduct Authority heavyweights.
Doubts over whether plans to tax carry as income will be actionable have been raised, along with suggestions a renewed legislative proposal to do so may fail.
The former Park Hill fund restructurings specialist was handed a lenient sentence on account of his gambling addiction.
Removal of restrictions on asset holdings by Solvency II, coupled with low fixed income returns, is encouraging insurers to allocate more cash to alternatives.
UK trade minister Mark Garnier said on Wednesday the UK is likely to lose its financial passporting rights as a result of Brexit, but research suggests the alternatives industry would be relatively unscathed.
Industry players at PEI's Private Fund Finance and Compliance Forum in San Francisco predict closing the carried interest loophole will be an immediate priority for the incoming US president.