Domicile
18 June 2021
Northern Trust extends capabilities in Switzerland
The firm received regulatory approval to provide custodian, depositary, transfer agency and ancillary services in Switzerland
18 June 2021
Alter Domus launches Irish AIFM
Alter Domus has acquired Beechbrook Capital’s Irish AIFM and received authorisation from the Central Bank of Ireland for specialised depositary services
2 June 2021
Investcorp delists
The GP will delist from the Bahrain Bourse and become a closed shareholding company
27 May 2021
Aztec opens US office
The new office specialises in fund and corporate accounting and administration for PE, VC, private debt, infrastructure, and RE sectors
21 May 2021
Domicile watch: May 2021
Key takeaways from the major PE domiciles: including the FCA's consultation on a new long-term asset fund, JFSC's investment business fees for 2021-22 and promotions across Guernsey and Cayman
19 May 2021
CSC secures Irish depositary licence
The firm received its Irish fund administration licence last year
10 May 2021
FCA requests feedback on new long-term asset fund
LTAF aims to provide an open-ended fund structure that accommodates PE, VC, private debt, real estate and infrastructure strategies
28 April 2021
Domicile watch: April 2021
Key takeaways from the major PE domiciles: including JFSC's concerns in JPF service provision, Guernsey's updated PIF rules and Cyprus' growing funds industry
27 April 2021
Guernsey updates PIF rules
The amended rules offer three routes to register PIFs in Guernsey
22 April 2021
FundRock launches EU distribution service
The operation aim to support US, UK, Asia and other third country asset managers distributing funds across the EU.
22 April 2021
Profile: Magdalena Pasecka, Innova Capital
The partner and CFO discusses her reasons for leaving and returning to Innova, operational challenges of CEE-funds as well as why being a woman in PE is an advantage
30 March 2021
Sanne granted Irish depositary services licence
Sanne Depositary Services provides depositary services to collective investment schemes
26 March 2021
Jersey PE and VC funds grow by 21%
JFSC figures also showed the number of registered Jersey Private Funds reach 403, an increase of more than 100 during 2020
25 March 2021
Domicile watch: March 2021
Key takeaways from the major PE domiciles: including Jersey's changes to its AML/CFT handbooks, Guernsey's review of its Green Fund accreditation and Ireland's Green Team network launch
17 March 2021
Mainspring partners with Aspida Group
The partnership aims to service Guernsey-domiciled private equity and venture capital funds
8 March 2021
Crestbridge opens Dublin office
The firm is currently authorised to provide corporate services in Ireland and is aiming to provide fund admin services soon
4 March 2021
Ocorian purchases Platinum Compliance
Deal follows the fund administrator's acquisition of Newgate Compliance in December 2020
4 March 2021
Deeper Perspective: The UK Funds Regime
Benjamin Lamping, founder of Reframe Capital asks: Are we at risk of missing a potential watershed moment for the UK funds industry, and a genuine post-Brexit opportunity?
2 March 2021
IQ-EQ targets fund services in Ireland
The firm received fund administrator authorisation from the Central Bank of Ireland in December
25 February 2021
InCloudCounsel opens Singapore office
The firm has hired Jon Crandall as managing director for APAC to lead the office
24 February 2021
LP location most important factor in fund structure selection
Alternatives Watch’s 2021 Fund Formation Survey found 20% of respondents cited regulatory regime as another important consideration for dictating the type of fund launched
22 February 2021
PE and VC funds reached $325.9bn in Jersey in 2020
Monterey's latest report found more than 120 new Jersey funds were launched during 2020 collectively totalling $14.5bn
22 February 2021
AIFs and UCITS totalled €174bn in December
EFAMA's latest report found AIFs and UCITs net sales totalled €174bn in December, a significant increase from €78bn in November
22 February 2021
Domicile watch: February 2021
Key takeaways from the major PE domiciles: including Jersey's recommendations to adapt its framework, Guernsey's latest guidance on cyber security and countering financial crime and terrorist financing, as well as Luxembourg's response to OpenLux
15 February 2021
Luxembourg Government and ALFI respond to OpenLux investigations
Statements defend the Grand Duchy’s regulatory standards following the OpenLux investigations, which claimed Luxembourg uses flawed AML frameworks
15 February 2021
Private equity and the trade and cooperation agreement
Brexit has shifted from political to economic, causing widespread disruption for private equity, writes Denzil Davidson of Global Counsel
8 February 2021
GAAP in Lux
Avega Capital Management’s Nic Mueller discusses why the Grand Duchy’s new interpretation of accounting standards is important for private equity funds
8 February 2021
Tangled up
Despite reaching a deal, the UK's departure from the EU leaves private equity firms caught up in an intricate web of rules and regulations
5 February 2021
Jersey brings stability to funds industry
Jersey brings a level of stability to the funds industry that is valued across the board, according to the Government of Jersey
2 February 2021
The ID Register gets Guernsey licence
The licence enables The ID Register to carry on controlled investment business in the jurisdiction
1 February 2021
Luxembourg to reach €5trn AuM
Luxembourg remains popular with funds industry as total AuM set to reach €5trn
1 February 2021
Xolaris granted Liechtenstein AIFM authorisation
Third party AIFM provider Xolaris has been authorised to offer its ManCo services in Liechtenstein
27 January 2021
Domicile watch: January 2021
Key takeaways from the major PE domiciles: including Jersey's new definition for AML legislation, changes to Guernsey's private fund regime and Ireland's prep for SFDR
17 January 2021
Citco opens Abu Dhabi HQ
The firm has also partnered with ADGM to create a sustainable, fully-integrated ecosystem for the investment management industry
18 December 2020
Irish Funds welcomes LP reform
The trade body predicts The Investment Limited Partnerships (Amendment) Bill 2020, passed in the Dáil, will create 3,000 jobs by 2025 and attract up to €20bn of global private capital each year
17 December 2020
The conversation: Trends in 2021 and beyond
InCloudCounsel founder and CEO Troy Pospisil examines patterns established in 2020 and how they will impact the next few years in private capital markets
14 December 2020
Class of 2020
A cross-section of industry practitioners share their greatest lessons of this year
9 December 2020
LISTEN: InCloudCounsel’s Pospisil on document abstraction
Alice Murray talks to Troy Pospisil, founder and CEO of InCloudCounsel about what it is, how it works and how it supports private equity legal teams, as well as the wider organization.
8 December 2020
2020 in review: Regulatory complexity
A look back at the regulatory transformation around the AIFMD in the private equity market in 2020
2 December 2020
LISTEN: InCloudCounsel’s Pospisil on private equity roots
In the first instalment of our mini podcast series, Alice Murray talks to Troy Pospisil, founder and CEO of InCloudCounsel about the company’s origins: what drove him to set up the firm and how it has developed over the past seven years.
30 November 2020
Vauban raises £1.6m seed funding
Backers include Pi Labs, Kima Ventures, Westloop Ventures, Argonautic Ventures and UFP Fintech.
26 November 2020
Domicile watch: November 2020
Key takeaways from the major PE domiciles: including Jersey's new digital launches, VinaCapital's migration to Guernsey and Cayman's regs launches
19 November 2020
Alter Domus opens Cayman office
The firm has appointed David Boyd as Cayman country executive
16 November 2020
No place like home: finding the right fund domicile
Predictability, reliability and quality are key components, according to our expert panel
3 November 2020
U.S. Bank launches alts fund services in Luxembourg
The office will provide fund administration, depositary and banking services to funds in Luxembourg
30 October 2020
Gibraltar updates funds legislation
The new Limited Partnership Bill and the Protected Cell Limited Partnerships Bill aims to modernise existing fund legislation
28 October 2020
Apex acquires Brazilian administrator
Banco Modal’s MAF claims to be one Brazil's largest alternative fund admins, with nearly BRL70bn of assets under administration and custody
22 October 2020
Fund managers fall short on governance
A large number of previously authorised fund managers have failed to implement the governance framework set out by the Central Bank of Ireland
21 October 2020
Domicile watch: October 2020
Key takeaways from the major PE domiciles: including Jersey's new digital registry, Ireland's approval of the limited partnership reform and Cayman's removal from the EU blacklist
15 October 2020
Apex purchases FundRock
FundRock is an independent UCITS ManCo and AIFM and claims to be the largest third-party manager of UCITS funds in Luxembourg
13 October 2020
WATCH: No place like home: finding the right fund domicile
Predictability, reliability and quality are key components, according to our expert panel
7 October 2020
Cayman Islands removed from EU blacklist
The domicile adopted necessary reforms to its tax policy framework on collective investment funds in September
28 September 2020
Ocorian acquires Newgate Compliance
The deal furthers Ocorian's service offering to asset managers operating in the regulated UK market.
24 September 2020
Ireland approves limited partnership reform
This amended legislation aims to modernise the Act by aligning it with more recent domestic and EU laws.
21 September 2020
Comment: Cross-border marketing of funds
Richard Small, partner of Addleshaw Goddard, deciphers increasing complexities around crossborder marketing rules
17 September 2020
EDB receives FCA approval
The authorisation follows last year’s approvals from regulators in Malta and Ireland
14 September 2020
US LPs invest £43.6bn into Guernsey-domiciled funds
Guernsey government research found the NAV of Guernsey-domiciled funds under management reached £227.7bn in mid-2019
10 September 2020
A true alternative
From alternative law firm to publicly listed full-suite asset management consultancy, MJ Hudson has had an outstanding decade
25 August 2020
Domicile watch: August 2020
Key takeaways from the major PE domiciles: including Jersey's new continuance fees for limited partnerships, Guernsey's limited partnership migrations and Luxembourg's fraudulent websites
19 August 2020
Comment: Why PE firms should consider hedging management fees
Lee McDarby of moneycorp says GPs ought to be thinking about hedging management fees as market turbulence looks set to continue