Domicile
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
11 March 2022
Irish funds reach €3.7bn NAV
The domicile saw an annual increase of 23%, equivalent to €699bn
10 March 2022
Guernsey funds reach £303.6bn NAV
We Are Guernsey stated this is the first time the NAV for funds domiciled in Guernsey has reached this level
7 March 2022
The pendulum has swung
The recent noise coming from the SEC is largely measured and unsurprising; as the asset class matures of course it should adhere to stricter oversight
2 March 2022
Total net sales of European AIFs declined in 2021
EFAMA’s quarterly report found net sales of AIFs fell from €177bn in 2020 to €67bn in 2021
21 February 2022
JFSC’s Sharples joins Crestbridge
Ellie Sharples is responsible for monitoring operational performance and management of all regulatory and compliance matters
17 February 2022
Profile: James Harper, Apposite Capital
The CFO discusses why he has taken over the IR function, what processes and frameworks he's put in place since joining, as well as how the firm's bespoke DD for ESG differs from their peers
14 February 2022
Operational Lens: Pantheon Secondary Opportunities Fund (PSOF)
With a total AUM of $52.3bn, Pantheon is a machine when it comes to fundraising. We take a look at the $624m PSOF, to discover how the pros get the job done.
10 February 2022
Apex buys BEST
The business, which expands Apex’s presence in India, provides fund services for PE, FoFs, hedge funds, managed accounts and mutual funds
8 February 2022
AssetMetrix expands to London
Clifford Norton joins from Allvue Systems to head up business development across the UK & Ireland
31 January 2022
PE fuels Luxembourg AUM growth to €5.9trn
The figure represents a 17.8% increase yoy, equivalent to €886bn, with PE the fastest growing asset class
31 January 2022
ATAD 3: How will private equity measure up?
Andrew Howard, Ropes & Gray tax partner, outlines his thoughts on the likely impacts on private equity of the ‘ATAD 3’ EC proposal, designed to prevent the misuse of shell entities for tax purposes
24 January 2022
Domicile watch: January 2022
Key takeaways from the major PE domiciles: including the FCA's approach to EU firms temporary UK operations, Central Bank of Ireland's outsourcing guidance, Jersey fee changes and The Bahamas removal from the EU's blacklist
20 January 2022
Navigating new rules
Ropes & Gray partner, Eve Ellis, takes a look back at private equity fund regulations throughout 2021, and looks ahead to what's in store for 2022 and beyond
18 January 2022
Apex expands to New Zealand
The fund administrator has acquired Auckland-based investment administrator MMC
17 January 2022
Suntera acquires Nedgroup Trust
Nedgroup Trust provides fiduciary services to HNWIs, ultra-HNWIs, family offices and owner-managed businesses
13 January 2022
Highvern buys Noble Trust Company
The independent boutique trust company provides wealth management solutions and multi-family office services
13 January 2022
Profile: James Yates, IK Partners
The CFO & managing partner discusses how the firm has professionalised and institutionalised its processes, his thoughts on Luxembourg as a domicile as well as his hopes for IK's operational functions in the future
10 January 2022
KBA appoints CEO of Irish ManCo
Andrew Kehoe has been with KB Associates (KBA) since 2017
10 January 2022
Planning permission
A growing number of small managers are taking on full scope AIFM permissions well ahead of time; the market is split on whether or not this is a good move or a big burden
6 January 2022
Highvern expands to Ireland
This is the firm’s third office in addition to its presence in Jersey and London
22 December 2021
High profile collection
Selection of The Drawdown’s favourite profiles with key operational professionals in 2021
17 December 2021
Domicile watch: November-December 2021
Key takeaways from the major PE domiciles: including Ireland’s introduction of a fast-track process for Taxonomy and SFDR regulations, Guernsey’s increased fees and Cyprus’ funds industry’s increasing AUM
4 November 2021
Comment: New tax regime for UK asset holding companies
Ropes & Gray partner Brenda Coleman and associate Tim Waters detail the latest development for the UK funds industry
1 November 2021
Data is king (even when it comes to fund domiciles)
Common standards would enable decent data governance, which would do away with skills and talent challenges the fund administration market is suffering from
25 October 2021
Domicile watch: October 2021
Key takeaways from the major PE domiciles: including the FCA's position on LTAF, Jersey's amended law which makes risk-based supervision a legal requirement and Guernsey's revised regulatory laws
21 October 2021
Jersey private funds: a new era
Jersey is a longstanding financial jurisdiction with an agile and responsive nature uniquely designed to meet market and client demand. It is no wonder it is an attractive destination to hold private funds, writes Simon Page, global head of fund services, Hawksford
14 October 2021
Finding the right home for your alternative fund
IQ-EQ's Justin Partington assesses the key elements of fund domicile selection
13 October 2021
INDOS secures Irish depositary licence
The firm received the licence from the Central Bank of Ireland
11 October 2021
Fund domiciles in 2021: UK
Key facts and figures relating to why the UK is an emerging domicile
11 October 2021
Fund domiciles in 2021: Malta & Cyprus
Key facts and figures relating to why Malta and Cyprus are domiciles of choice for small and emerging managers
7 October 2021
Fund domiciles in 2021: Cayman Islands
Key facts and figures relating to why Cayman Islands is a well-regarded domicile
7 October 2021
Fund domiciles in 2021: Guernsey
Key facts and figures relating to why Guernsey is considered a highly innovative domicile
7 October 2021
Fund domiciles in 2021: Jersey
Key facts and figures relating to why Jersey is a fast and flexible domicile
7 October 2021
Emerging managers: considerations for selecting your fund domicile
Launching a new fund is no easy task; don't let fund domicile selection add to the complexity
4 October 2021
Fund domiciles in 2021: The Netherlands
The Netherlands is an important centre for pension funds and offers a light regime for smaller GPs
4 October 2021
Fund domiciles in 2021: Ireland
Ireland is a domicile to watch thanks to its recent Investment Limited Partnerships reform
4 October 2021
Fund domiciles in 2021: Luxembourg
Luxembourg is a tried and tested domicile, popular with LPs, but concerns are mounting over skills and talent levels
4 October 2021
Shifting sands: the domicile dichotomy
On the surface, selecting a fund domicile is largely about catering to investor needs, however, just as the private capital fund space is ever-changing, fund jurisdictions are ever-evolving and appearances can be deceiving
23 September 2021
CSC secures Luxembourg licences
In addition, CSC hired Pierre Mifsud as MD for depositary services, and Yves Cheret as MD for fund admin
21 September 2021
IPEM 2021: Europe leads the way for ESG
Magnus Billing, CEO of Alecta talks about Europe being a leader for ESG, and why PE firms have a great opportunity to be catalysts in reaching the sustainability goals
20 September 2021
JTC buys Segue
Segue provides fund solutions to private equity, venture capital, debt funds and family offices
13 September 2021
Standish expands to UK
Following authorisation from the FCA, the London office provides UK administration and depositary services
8 September 2021
Suntera acquires NeoTrust
NeoTrust provides bespoke fund and corporate services to PE and RE, institutional clients, large and mid-sized firms as well as HNWIs
3 September 2021
Citco opens Hyderabad office
The new office provides fund servicing, banking as well as technology support functions
25 August 2021
Domicile watch: August 2021
Key takeaways from the major PE domiciles: including the FCA's third consultation paper on UK IFPR, Guernsey's appointment of a strategic adviser for green and sustainable finance and Hong Kong's SFC amended fund manager code of conduct
11 August 2021
Crestbridge granted Irish licence
The firm received regulatory approval from the Central Bank of Ireland to provide fund admin services in Ireland
9 August 2021
2025: PE’s digital golden year
In 2025, structured data exchange will be the norm for fund managers as PE moves away from Excel. The Drawdown explores the tech solutions making that future a reality
26 July 2021
Domicile watch: July 2021
Key takeaways from the major PE domiciles: including Denmark's ranking as most business-friendly domicile, increased fund fees for Jersey and Guernsey's proposal for increasing fees
22 July 2021
IQ-EQ buys Ireland’s DGFM
Acquisition follows launch of a dedicated funds service segment in Ireland in March
12 July 2021
Apex buys Germany’s mola-administration
Hamburg-headquartered mola-administration provides fund admin to PE, VC, debt, special situations and digital assets funds
12 July 2021
You can’t stand under my umbrella
The Greensill scandal has thrown light on umbrella structures, which are now under review by the FCA - what could this mean for private equity?