Domicile
23 January 2023
Core opens for business
The company offers a range of fund administration services for GPs based in Guernsey
17 January 2023
Apex acquires Luxembourg’s ALFI Partners
The acquisition aims to deliver a cross-border fund-distribution solution
9 January 2023
Highvern Ireland to offer fund administration services
The Central Bank of Ireland has granted the firm regulatory approval for fund administration services
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
21 December 2022
MJ Hudson appoints director in ESG and sustainability team
Mark Thompson joins MJ Hudson’s London office
12 December 2022
Edinburgh reforms cement UK financial divergence
The Chancellor of the Exchequer revealed more than 30 regulatory reforms to the UK financial industry to drive competitiveness and growth
9 December 2022
CSRD implementation removes GP hurdle
The CSRD has been officially adopted as EU legislation, removing a GP operational burden
5 December 2022
Comment: Known or knowable? It depends
Nic Müller, CEO of Avega Capital Management, looks at a recent clarification to the IPEV guidelines, and hopes greater harmonisation is coming
25 November 2022
Oak Group makes two appointments
Oak has hired Belinda Ridout as director of client accounting and Hannah Crocker as company secretary
21 November 2022
Fast Funds
Fund managers are increasingly turning to Jersey due to the speed, flexibility and efficiencies offered by its fund structures
14 November 2022
Stepping up to the plate: The transformative role of the Irish ILP
Sam Metland, head of private equity product at Citco, says the Irish fund regime reform provides valuable optionality to managers across Europe
8 November 2022
“QAHC, QAHC!”
The Qualifying Asset Holding Company regime is set to close the gap between the UK and other fund domiciles
8 November 2022
Ireland makes tax changes
The Finance Bill 2022 introduces amendments around reporting, VAT treatment and enforcement for alternative asset managers
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
4 November 2022
MJ Hudson expands ESG & Sustainability business to Spain
The company has incorporated a Spanish ESG consulting firm in its development overseas
3 November 2022
IDR launches MLRO offering
The money laundering reporting service covers several fund jurisdictions, including Cayman Islands, Luxembourg, Guernsey, Jersey and the UK
31 October 2022
Hot contest
The race to be private equity’s domicile of choice is speeding up, but which jurisdiction is really gaining ground?
20 October 2022
ELTIF reform progresses
The European Council and the European Parliament have reached agreement on regulatory reforms to the unpopular fund structure
15 September 2022
Profile: Kerrie Chung, Welkin Capital Management
The finance director discusses the firm’s setup when she joined, differences between fund administration for Cayman funds and local RMB funds, as well as Welkin’s tech stack
9 September 2022
Apex acquires Prometa
Prometa provides fund services to clients in Canada, the US and Bermuda
8 September 2022
IQ-EQ acquires JGM
US-based JGM provides middle and back office services to private equity and real estate firms
8 September 2022
Broadridge’s PE platform open for US funds
Private Market Hub is powered by distributed ledger technology
5 September 2022
Daring to be different
Having enjoyed several years of stellar growth, have Asian fund managers done enough to ensure their firms are operating in a robust enough manner to weather the gathering global macroeconomic storm?
31 August 2022
Legal lowdown: Michael Halford, Goodwin
The partner, co-chair of global private investment funds discusses recent client challenges, thoughts on the FCA’s new AR rules and what he makes of PE’s reputation
9 August 2022
JTC launches Irish fund administration services
The launch comes after the fund administrator received regulatory approval from the Central Bank of Ireland
5 August 2022
Vauban creates Lux fund launchpad
The platform aims to help emerging managers to launch VC funds in Luxembourg
1 August 2022
Setting the record straight
Eric de Montgolfier, CEO of Invest Europe goes beyond the fiction and details the facts about private equity and venture capital in Europe
29 July 2022
Domicile watch: July 2022
Key takeaways from the major PE domiciles: including JFA’s new committee, GFSC’s updated blacklist and proposed fees increase as well as FCA’s leadership hires
27 July 2022
NAV Fund Administration expands to Mauritius
The firm received a management licence from the Mauritius Financial Services Commission to operate as a managed corporate service provider
27 July 2022
Petra opens London office
Former Riverstone European general counsel and head of ESG, Charlie Chipchase, will lead the fund administrator’s new branch
25 July 2022
House of Lords slams PE for “financial engineering and tax avoidance”
Lord Sikka pointed to private equity fund and deal structures in Switzerland, Jersey and the Caribbean, created for the purpose of “asset stripping, profit shifting and tax avoidance”
20 July 2022
Arrow opens Luxembourg office
The new office will provide fund administration services via a local team
18 July 2022
Legal lowdown: Sam Kay, Travers Smith
Partner and head of investment funds discusses PE’s evolution since 1998, the importance of carry, along with the challenges of labelling funds in relation to SFDR and the Taxonomy Regulation
12 July 2022
Pinsent Masons expands to Luxembourg
As part of the expansion, Wildgen’s Michel Bulach, David Maria and Mark Shaw have joined the team
6 July 2022
Ocorian secures three Irish licences
The fund administrator has received AIFM, fund administration and real asset depositary services licences from the Central Bank of Ireland
4 July 2022
Domicile watch: June 2022
Key takeaways from the major PE domiciles: including the FCA’s policy statement on regulated fees and levies for 2022/23, JFSC’s deadline extension for 2022 JPF annual compliance returns and Ireland reaches €4trn for the first time
28 June 2022
Private fund managers not ready to comply with SEC regulations
Only 17% of private fund managers surveyed believe their organisations are very prepared to comply with the SEC’s forthcoming reporting and compliance requirements
27 June 2022
More signal, less noise: enhancing the UK’s position as a fund domicile
Despite housing the largest asset management industry in Europe, the UK ranks behind other jurisdictions as a domicile of choice for UCITS and AIFs
16 June 2022
Profile: Laurent Marvy, PAI Partners
The head of HR discusses the key differences of HR & talent across the globe, PAI’s HR set up and advice for firms wanting to maintain culture in a hybrid environment
13 June 2022
Zeidler launches digital sustainable finance module
The module provides practical guidance on sustainable finance regulations, disclosure and reporting obligations
13 June 2022
Operational lens: Summa Equity Fund III
Summa’s latest fund was almost quadruple the size of its predecessor, despite being raised remotely. General counsel Martin Sjölund, talks us through their Swedish fund structure, the bespoke onboarding solution, tackling compliance heavy ODD and Summa’s supportive partners.
9 June 2022
FundRock expands to the Netherlands
The new office in Amsterdam will provide fund distribution services to clients
9 June 2022
Profile: Patrick Camenisch, Evoco Private Equity
The director of finance and operations discusses automating processes, fund administrator challenges, and why Evoco switched fund domicile from Jersey to Luxembourg
30 May 2022
Domicile watch: May 2022
Key takeaways from the major PE domiciles: including JFSC’s fee increases, Jersey’s amendment to its Limited Partnership Law and GFSC joining TNFD
24 May 2022
Crestbridge secures new Bahrain licence
The licence enables Crestbridge to continue its fund administration work in Bahrain following the restructure of its Middle Eastern business
23 May 2022
Legal lowdown: James Oussedik, Sidley Austin
To kick off our legal insights series, James Oussedik, investment funds partner at Sidley Austin discussed his thoughts on AIFMD II and fund domiciliation challenges
12 May 2022
Jersey amends limited partnership law
Latest amendments aim to provide fund managers with greater flexibility in international fund structuring
3 May 2022
In the dog house
How effective are financial regulators when it comes to keeping private equity in check?
3 May 2022
Domicile watch: April 2022
Key takeaways from the major PE domiciles: including Jersey’s NPPR use by AIFs and CIMA’s latest promotions
12 April 2022
Highvern receives Irish TCSP authorisation
The authorisation enables the fund administrator to provide corporate administration services to section 110 and SPV structures across alternative asset classes
1 April 2022
Domicile watch: March 2022
Key takeaways from the major PE domiciles: including the FCA’s PRIIPs regulation, JFSC’s proposal to increase investment business fees and the latest addition to Guernsey’s blacklist
28 March 2022
Kroll launches valuation practice in Lux
The new business is headed up by Armand Kantar, who has been with the company since 2019
24 March 2022
An American tail: service providers go West
For European GPs that want to stick with a familiar European service provider Stateside, we explore which businesses have taken their European operational excellence across the pond
22 March 2022
Addleshaw Goddard opens Luxembourg office
Fieldfisher’s Richard Ledain Santiago has been appointed as partner to lead the new office
17 March 2022
Vistra receives regulatory approval for India’s GIFT City
According to the firm, it is one of the first global organisations to receive this approval