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FCA gets ready to scrub

Financial watchdog’s anti-greenwashing rule is effective from 31 May 2024; The Drawdown checks it to make sure PE ticks all boxes

Guernsey Finance opens London office

The base in Petty France, Westminster aims to enhance the initiative’s attempt to promote its reputation as a fund domicile

Ocorian adds FinCrim module to AML compliance tool

The addition is incorporated into the fund admin’s onboarding tool The Gateway

NAV facility volumes up 30% since 2019

Research from Citco suggests minority of facilities used for fund distributions

Partners Group launches first evergreen ELTIF

The fund offers gated monthly liquidity events to both retail and institutional investors

TDR appoints head of compliance

Jon Wedgbury was previously head of compliance at USS Investment Management

COO leaves Gen II

Perros joined the fund admin in October 2022 from Citco

Apex Invest appoints MD

John Papesh to head up the offering in Abu Dhabi

Daloopa closes on $18m in Series B

Total of $18m raised to go to product development and market expansion

Central Bank of Ireland approves two fund admin licences

Fund admins TMF Group and Vistra are now able to service alternative funds in Ireland

Corlytics snaps up Deloitte regtech platform

Following investment from Verdane, the company expands its geographic reach and augments service capabilities

Fundcraft raises €5m in Series A

Fresh funds to accelerate product development and international expansion while investors taking more active role in company’s strategy

In Conversation: Connecting private markets through AI

The next generation of AI tools have the potential to transform private markets but how widespread is their adoption by GPs, their service providers and LPs?

May 2024 Magazine Cover

Latest Magazine

Our latest issue takes a look at three use cases for AI implementation in private equity operations, examining whether Microsoft Copilot, legaltech or valuations calculation tools are yet pulling their weight.

We also ask whether back office liftouts could become a trend in Europe, observe how collateralised fund obligations are becoming a part of the fund finance toolkit, and try to discover whatever happened to ESG-linked loans.

In addition, there are interviews with Dorothea Sztopko, COO of Golding Capital, and Kasun De Silva, COO of Bootstrap Europe, while Dörte Höppner of Riverside Company considers AI-related governance issues.

View now

Q&A: Speed, stability, service

HSBC Innovation Banking’s strategic fund solutions team explain how they focus on agility to solve the financing needs of midmarket private equity

Q&A: Automation evaluation

Jeremy Hocter, managing director at Holland Mountain, explains which AI tools have the strongest use cases for private equity

Strength trAIning

Three ways to nurture generative AI to enhance operational resilience strategies

Column: Govern-ready AI

Dörte Höppner, chief sustainability officer at the Riverside Company, on AI governance in PE

Inex One launches collaboration platform

Tool to connect strategy teams and investors with expert networks

Investec Bank launches private credit management division

Michael Miller joins as head of private credit management after 21 years at HSBC

The FTC’s non-compete ban and its consequences

If you or your loved ones have been incentivised to remain at your current employer, you may be entitled to compensation

Clifford Chance promotes Dunne to partner

Stephanie Dunne has been at the firm for a decade, since completing her training contract

Ogier welcomes McManus into partnership

Matt McManus joined the firm in 2021 as a managing associate

Top of the ops: Be young, be foolish, be PE?

This episode of TOTO examines talent retention in PE with Kerry Heaton, chief people officer at Hg

Recipe for success(ion)

Chef’s tip: Make sure to carefully fold succession planning into the mixture before cooking up a fundraise

Blackstone’s head of GP stakes departs

Mustafa Siddiqui spent 14 years at the firm and had held his current role for four years

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