Domiciles
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
25 September 2020
Jersey Finance appoints Laity as chair
Laity replaces outgoing Jersey Finance chair Gunther Thumann
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
8 September 2020
Mainstream expands into APAC
Expansion follows signing of new client, Korea Development Bank Asia
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
10 August 2020
Duff & Phelps launches Ireland Super ManCo
The Super ManCo will provide fully-fledged and flexible management company solutions for all investment strategies
31 July 2020
JFSC to develop shared KYC tool
The shared tool enables users to verify customers’ identities
31 July 2020
Guernsey introduces fund migration regs
The Limited Partnerships (Migration) Regulations 2020 allows limited partnerships to relocate to Guernsey quickly and easily
20 July 2020
Domicile watch: July 2020
Key takeaways from the major PE domiciles: including how Luxembourg, Guernsey and Jersey are adjusting their practices as Covid-19 country lockdowns are eased while Cayman highlights a fraudulent due diligence email being circulated
20 July 2020
Jersey expects increased fund migration following new LP rules
The amendment makes it easier for managers to migrate structures from elsewhere in a quick, cost-effective manner.
14 July 2020
DMS Group acquires Oligo
The acquisition enhances DMS’ European product offering to provide Swiss fund services and bespoke solutions to clients
13 July 2020
Hong Kong passes Limited Partnership fund regime
The new bill "makes impressive strides" in attracting investment funds, including private equity and venture capital
8 July 2020
Jersey seeks feedback on LP continuance fees
The proposed fees will only affect foreign limited partnerships wanting to migrate to Jersey
6 July 2020
Jersey’s PE funds increase by 11%
Latest figures show private equity assets serviced in Jersey increased from £136bn to £150.5bn in Q1 2020
3 July 2020
Jersey increases fund fees
The new rates form part of the regulator’s 2020 business plan
15 June 2020
Guernsey launches fast-track licencing for overseas funds
The regime aims to enable simultaneous consideration of a migration into the Bailiwick of Guernsey and licencing of the manager within a 10-day period
15 June 2020
Domicile watch: June 2020
Key takeaways from the major PE domiciles: including how Luxembourg, Guernsey and Jersey are adjusting their practices as Covid-19 country lockdowns are eased while Cayman highlights a fraudulent due diligence email being circulated
11 June 2020
Comment: A decade of fund finance in Luxembourg
More competition plus an increasingly complex regulatory environment requires greater sophistication and specific LPA provisions, writes Wildgen's Michael Mbayi
8 June 2020
Apex expands Throgmorton in Switzerland
The new office provides accounting and tax compliance services, company secretarial and governance as well as payroll services to businesses operating locally
1 June 2020
Guernsey launches guidance on green PE principles
The aim is to bring climate risks and resilience into the heart of private equity decision making
14 May 2020
The Private Equity Editor’s Podcast 4
Through our combined expertise of PE investments to operations - and everything in between - this snappy podcast neatly distils the need-to-know market developments of the last week.
11 May 2020
Domicile watch
A round-up of key takeaways from major PE fund domiciles, including a Jersey Finance survey, ESG and climate change initiatives as well as regulatory updates
1 May 2020
Palatine-backed SMP buys RBC’s corporate services HK
As part of the deal, RBC’s clients and employees of this division will transfer to SMP
1 May 2020
CSC expands fund services into Ireland
The firm was granted a licence to provide its offering there by the Central Bank of Ireland
30 March 2020
COVID-19: Economic substance adjustments
Could temporary measures drive global consensus on economic substance requirements?
16 March 2020
The Profile: Stephen Richmond, CFO Abris Capital
Stephen Richmond tracks his journey from investment director to CFO, and the nuances of operating funds in central and eastern Europe
9 March 2020
Cyprus’ total AUM reaches €6.8bn
The total increased from €5.7bn in 2018 and was dramatically up from €2.9bn in 2017
2 March 2020
Jersey PE and VC funds increase by 19%
These Jersey Finance figures are for the year ended December 2019
26 February 2020
Jersey fund AUM swells by 17%
Fund assets serviced on the island grew to $481.2bn in 2019
20 February 2020
EU blacklists Cayman Islands
Cayman Islands was listed on the Annex II alongside Palau, Panama and the Seychelles as the latest domiciles to not implement tax reforms they had committed to by the agreed deadline
20 January 2020
PE funds most popular product for Guernsey in 2019
Findings come from Monterey Insight’s 25th Guernsey Fund Report, and account for the year to the end of June 2019
8 January 2020
Parallel universe: lure of the Cayman-Lux
Ogier partners Joanne Huckle and Anne-Gaëlle Delabye predict a rise in Luxembourg-Cayman parallel fund structures
6 January 2020
The Profile: Jason Howard, Headway Capital
Headway’s CFO Jason Howard looks back at the important lessons learned throughout his career, which now act as intrinsic guides for his current role, where meeting the needs of clients is key.
16 December 2019
Craic on
Reforms to Ireland’s LP structure will likely be legislated in early 2020, however, after years of promises, what will actually be legislated and will PE care?
16 December 2019
Lithuania seeks to attract fund managers
Recent regulatory amendments aim to position the country as an attractive domicile
16 December 2019
Romania approves New AIF Law
Updated law better aligns Romania with recent EU developments
4 December 2019
Crestbridge granted Luxembourg licence
New licence adds to existing offerings in UK, Jersey, Bahrain and Cayman
20 November 2019
Luxembourg’s AUM increased 20% year-to-year
Figure comes from ALFI's latest 2018 Luxembourg Private Equity and Venture Capital Investment Funds Survey
12 November 2019
Guernsey home to Permira’s latest fund
Permira has had a long association with Guernsey
8 November 2019
Fund structures are so last season
As new waves of regulation continue to hit private equity, managers are quietly shifting to the peaceful waters of deal-by-deal investing
9 May 2017
Guernsey private equity funds surpass £100bn NAV
Total assets of Guernsey PE funds grew by more than £25bn last year