AIFMD
27 November 2023
Home game Sweden
A change in tax legislation and ethical considerations are leading Swedish PE firms to onshore their funds
27 November 2023
Profile: Martim Avillez, Limerston Capital
The COO and founding partner discusses setting up the firm’s operations, combining them with his investment duties and navigating difficult times
24 November 2023
Magic ID secures €350k
KYC startup aims to use the funding to launch its range of ID verification tools in the UK and the EU
14 November 2023
AIFM-Done
As the EU concludes technical discussions around the AIFMD review, The Drawdown takes stock
13 November 2023
Island appeal
The Channel Islands have established strong reputations as domiciles and intend to keep them
13 November 2023
The digital CFO
While most CFOs would protest at the idea of their entire role being outsourced, an example of a plug-in CFO service is the upcoming launch of Corvus Group. Is it time to outsource the CFO entirely?
6 November 2023
Breaking the mould
Does Luxembourg deserve its position as the default domicile in Europe or should GPs be more willing to consider alternative jurisdictions?
2 November 2023
Ropes & Gray promotes Maj to counsel
The lawyer’s asset management team promotes Dorota Maj as one of 20 lawyers making the move to counsel across the firm
19 October 2023
FCA lays out priorities for asset management regime
Regulator´s chair discusses AIFMD´s future in UK regulatory regime and highlights proportionality as guiding principle
16 October 2023
ICG appoints head of Luxembourg
Hind El Gaidi joins from her previous role as head of financial information and valuation at Astorg
28 September 2023
FCA cracks down on private market valuations
The review is expected to scrutinise valuation processes, governance and professionals in charge of the process
28 September 2023
Profile: Melanie Wiese, Deutsche Beteiligungs AG
The CFO and member of the board of management walks us through lessons learned in the course of her career and how her passion for a diverse and collaborative culture translates into practice
21 September 2023
Investment Association calls for EU reforms
Trade body highlights sustainability, new technologies and greater alignment on regulatory issues as areas of concern
20 September 2023
BlackRock joins Allfunds’ Private Partners programme
Firm aims to broaden access to its private markets offering for wealth management clients
15 September 2023
Deutsche Beteiligungs AG acquires Elf Capital
The German asset manager will also co-invest up to €100m into Elf Capital’s funds
24 August 2023
What’s in a name?
European Commission’s Retail Investment Strategy to further amend AIFMD and do away with ‘undue costs’, broaden definition of professional investor and ban inducements
15 August 2023
The great rebundling
UK signals plans to reinstate research payment bundling, diverging from MiFID II
7 August 2023
Comment: Avoiding the tripwires
Pinsent Masons partner Mark Shaw details how to avoid regulatory issues when distributing non-EU funds within the EU
4 August 2023
Provisional agreement reached on AIFMD reforms
Regulators hone in on liquidity management, loan origination funds and delegation rules and hope to increase investor protection and cooperation of national authorities
26 July 2023
Goldman Sachs launches ELTIF
We speak to Barry Fricke, head of EMEA alternatives distribution for wealth at the firm, to understand the operational setup of the fund
19 July 2023
France issued most number of sanctions under AIFMD between 2013 and 2022
ESMA report highlights a lack of harmonisation among EU Member States regarding sanction enforcement
17 July 2023
Luxembourg toolbox updated
A bill has been passed to increase flexibility and clarify certain ambiguities for AIFMs and their investment fund products
13 July 2023
Profile: Tony Corbin, White Star Capital
The firm's CFO speaks about navigating across jurisdictions, while using Guernsey as an operational base
10 July 2023
The qualifying factor
To what extent is the QAHC regime benefiting the UK alternative funds industry?
6 July 2023
ESMA launches CSA
ESMA and NCAs aim to assess SFDR compliance of supervised asset managers
4 July 2023
ESMA reviews cross-border marketing requirements
The body’s second report highlights frequent breaches of marketing requirements
3 July 2023
REYL Intesa Sanpaolo acquires Carnegie Fund Services
The acquisition will result in the two firms’ Swiss representation services being combined
3 July 2023
AIFMD reforms delayed
Change in presidency of Council of the European Union leaves little indication for new timeline
29 June 2023
Comment: Cutting through conflicts in GP-led transactions
Travers Smith’s Victoria Bramall and James Ravden outline five strategies to mitigate conflicts in GP-led deals
22 June 2023
Profile: Martin Sjölund, Summa Equity
The partner and general counsel walks us through the beginnings of the firm’s legal function and its current management
20 June 2023
Tokenisation barriers
Significant barriers to the tokenisation of real assets remain, despite forecasts for major industry growth, according to a whitepaper
20 June 2023
ACA launches portfolio management solution
Managed Performance Services aims to assist fund managers with performance measurement and reporting features
19 June 2023
Debt set
The Drawdown hones in on the private credit trend that the experts think is here to stay – how can GPs establish a successful first-time credit fund in this economic climate?
19 June 2023
Comment: Future-proofing operational models key to supporting global GP ambitions
Elliot Refson, head of funds at Jersey Finance, says the jurisdiction’s JPF and LLC structures provide stability in a turbulent environment
12 June 2023
Negotiating terms increasingly challenging for LPs
LPs have expressed concerns over negotiating terms and manager assessment and identification, according to survey results
8 June 2023
The Drawdown Awards 2023: Winners announced
Congratulations to all of the winners of The Drawdown Awards 2023
8 June 2023
Column: Walking on eggshells
Zetland Capital COO Malcolm Goddard explores the possible implications of ATAD III, also known as the Unshelling Directive, on holding companies
6 June 2023
Colmore launches Term Intelligence
Features include benchmarking, cost projection and ILPA compliance services for LPs, GPs and service providers, aiming to improve the LPA process
5 June 2023
State of substance
How are GPs giving their firms the necessary mass to operate in Luxembourg?
24 May 2023
ESMA issues opinion on ‘undue costs’
Regulatory authority is concerned about diverging levels of investor protection across the bloc
15 May 2023
In-house rules: legal versus compliance
As more lawyers move into in-house roles within private equity, they can take up the mantle of either legal or compliance – but how do these functions cross and diverge?
10 May 2023
Help your LP help you
As regulatory and economic perspectives on capital allocation diverge, LPs’ expectations towards their GPs are changing
3 April 2023
ESMA publishes product governance guidelines
The requirements are akin to the FCA’s Consumer Duty but are not legally binding
28 March 2023
Comment: Antitrust in me
Merger enforcers turn up the heat on private equity: what can you do to stay cool?
16 March 2023
Khepri launched via MBO of MJ Hudson UK unit
Will Roxburgh and Mike Booth have led the buyout of MJ Hudson’s UK regulatory and fund management business
21 February 2023
FCA eyes regulatory streamlining for UK funds
Financial watchdog launches consultation paper as it seeks to modernise current regulatory framework and the use of tech in asset management
15 February 2023
AIFMD II: Electric Boogaloo
Regulator expands the scope of delegation and adds new rules for loan-origination funds
24 January 2023
Simpson Thacher appoints financial regulatory lawyer
Stephanie Biggs joins from Travers Smith to co-lead the firm’s European financial services and funds regulatory team
9 January 2023
Regulatory roadmap 2023
ESG is set to be the biggest bump in the regulatory roadmap for 2023, along with AIFMD and AML reforms in tow
9 January 2023
RedeWire portal to tackle restrictive marketing rules
Built against a backdrop of complex marketing regulations and tough fundraising conditions, Rede’s new LP portal gathers new fund offerings in one place
9 January 2023
Capital raising punishment: Marketing madness
Compliance and legal obligations for raising a fund have been building steadily in recent years. But given the sudden tightening of the fundraising market, the myriad rules managers must navigate have made capital raising a punishingly cruel exercise.
5 January 2023
Pinsent’s Bowen joins K&L to launch Dublin office
Gayle Bowen is joined by Shane Geraghty and Michelle Lloyd as founding partners
23 November 2022
Investing in new tech is major challenge for GPs
According to a new report from Aztec, 83% of alternative investors are struggling with bringing new technologies into their firms
21 November 2022
Fast Funds
Fund managers are increasingly turning to Jersey due to the speed, flexibility and efficiencies offered by its fund structures
7 November 2022
Preferred, professional, pragmatic
Pierre Weimerskirch, regional head, Luxembourg at Apex Group, discusses the emergent opportunities facing Europe’s largest centre for domiciled funds
20 October 2022
ELTIF reform progresses
The European Council and the European Parliament have reached agreement on regulatory reforms to the unpopular fund structure
17 October 2022
Profile: Nigel Diesveld, HPE Growth
The CFO talks compliance and highlights the growing importance of a dedicated chief risk officer
19 September 2022
In conversation: Power to the LP
Highlights from a recent roundtable event examining the growing influence of investors in private equity fund management
2 September 2022
Domicile watch: August 2022
Key takeaways from the major private equity domiciles, including: JFSC’s extension of its AIF reporting deadlines, the FCA’s new rules for its AR scheme as well as AMF’s consultation on PE funds’ end of life