Regulation

With Hugh Dunkerley, who bought Fondinvest last year, facing charges of alleged securities fraud, questions hang over the future of the Paris-based fund of funds.

The legislation has been drafted in an effort to reduce SEC oversight of the private equity industry.

The US Securities and Exchange Commission’s Igor Rozenblit called out the complexity of the fund restructuring industry for allowing Andrew Caspersen’s alleged fraud.

Private equity fund managers in the UK should consider what an exit vote could mean for marketing and fundraising in Europe.

The tax on carried interest will jump to 45%, plus National Insurance, from the current 28% minimum, for assets held less than three years.

The BVCA is in ongoing discussions with the UK Treasury over changes to the law governing limited partnerships in England.

SEC Chair Mary Jo White outlined some of the issues with direct secondaries in a keynote session at the Annual Securities Regulation Institute meeting in January.

The acquisition of €1.3bn worth of assets included stakes in at least 11 private equity, real estate and private debt funds.

Financial institutions may have missed the boat in terms of pricing, but this won't deter them from returning to the market as sellers this year for several reasons.

The SEC’s Igor Rozenblit explained last week at a PEI event in New York why some end-of-life situations can create conflicts of interest, particularly regarding fees and expenses.