Domiciles
1 December 2023
Hillhouse opens London office
The London operations team of the investment firm will be led by vice president Hallie Fishman
28 November 2023
Luxembourg’s private debt industry expands
According to a KPMG survey, AUM grew by 51% during the last year; changes in fund vehicles but LP base largely unchanged
27 November 2023
Home game Sweden
A change in tax legislation and ethical considerations are leading Swedish PE firms to onshore their funds
24 November 2023
JTC acquires Blackheath
Fund administrator expands its ManCo services for UK-based funds
24 November 2023
Exponent opens Dublin office
Formerly COO at BlackRock, Jacqueline Flynn to head up the new shop as director of operations
23 November 2023
Budget breakdown
The Drawdown watched the UK Budget statement so you didn’t have to
23 November 2023
Southern Europe: Structures to suit all tastes
Variety is indeed the spice of life when it comes to fund domiciles across Southern Europe
22 November 2023
Cayman Islands removed from FATF’s grey list
Effective prosecution of financial crimes was key element to de-list but domicile stays on EU’s AML blacklist
21 November 2023
Hawksford acquires Paradigm
The fund administrator is expanding to the Cayman Islands
20 November 2023
There and back again
Matthias Plötz reports on the success or otherwise of German GPs´ Luxembourg holidays
15 November 2023
Unrealised potential
The ILP has not yet led to a surge in funds being domiciled in Ireland, writes Jon Whiteaker
13 November 2023
Island appeal
The Channel Islands have established strong reputations as domiciles and intend to keep them
13 November 2023
ESMA prioritises cyber risks
Digital resilience, including cybersecurity risk management, will be a key priority for the Authority
9 November 2023
Wheels in motion
The UK is working hard to restore its attractiveness as a domicile post-Brexit but it’s not there yet
6 November 2023
Apex acquires Watermark
The fund administrator has infiltrated the Portuguese market
6 November 2023
Raising the Liechtenstein flag
LGT’s Julien Ward and Bjoern Kogler explain the unique advantages of domiciling in Liechtenstein
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?
1 November 2023
CMA publishes Green Agreements Guidance
GPs and LPs are unlikely to infringe upon UK competition law for pursuing environmental sustainability agreements
23 October 2023
weather eye
Matthias Plötz asks: Will the distant winds of the SEC's Private Funds Rules force changes to European GPs' playbooks
20 October 2023
European Parliament rejects ESRS objection
MEPs call for private sector to contribute to corporate sustainability transparency
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
16 October 2023
A&M appoints generative AI practice head
Anil Kumar will be supported by consulting lead David McGraw and CTO Chaz Henry
11 October 2023
Universal Investment’s COO heads up Luxembourg
Etienne Rougier aims to help with UI efa’s growth
28 September 2023
Universal Investment launches Alumia
Joint venture to offer fund distribution services
20 September 2023
Socium Fund Services launches loan agency and administration services
The Suntera Global-owned fund administrator extends its product offering to private credit firms
18 September 2023
DIY in the wild wild East
Across Lebanon and Palestine, enterprising GPs are piloting their industry with no legislative framework or operational ecosystem, as Matthias Plötz investigates
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
13 September 2023
Altum Group granted UCI extension
The extension to the Undertaking for Collective Investment allows the company to offer its services to all alternative investment funds
11 September 2023
Apex establishes presence in Korea
Non-executive director Simon Hurst will advise on the office launch
7 September 2023
Profile: Yacine Zarrouk, Ardian
Head of Ardian Abu Dhabi reveals to us the strategic aspects of setting up a regional office in the UAE
23 August 2023
GP Fund Solutions anchors in Ireland
Fund administrator is the latest non-European player to make a move into the bloc, following the news of Crestbridge and Altum in July
16 August 2023
TMF acquires FIDD
The fund administrator consolidation will expand TMF’s presence in Latin America
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
31 July 2023
Guernsey updates compliance audit requirement
GPs are now required to appoint an independent audit role
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
24 July 2023
Pinsent Masons grows Luxembourg funds team
Benoît Rose joins after four years at Ogier and becomes firm’s third addition to the team this year
24 July 2023
Regulators continue to woo retail investors in PE
As France proposes to remove further ELTIF restrictions, the FCA issues a policy statement opening up LTAF to retail and DC pensions schemes investors
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?
5 July 2023
A&L Goodbody appoints practice head
Partner Stephen Carson will lead the firm’s asset management and investment funds practice in Ireland
4 July 2023
ESMA reviews cross-border marketing requirements
The body’s second report highlights frequent breaches of marketing requirements
3 July 2023
The French (ELTIF) revolution
Country further opens the door to individual investors’ capital in the private markets but operational concerns remain
3 July 2023
REYL Intesa Sanpaolo acquires Carnegie Fund Services
The acquisition will result in the two firms’ Swiss representation services being combined
28 June 2023
Volpi Capital closes on continuation fund
The technology-focused European mid-market firm has divested the remaining assets from its debut fund into the new vehicle
28 June 2023
ACP opens Luxembourg office
The admin centre will be headed by finance director Iain Smith
20 June 2023
Tokenisation barriers
Significant barriers to the tokenisation of real assets remain, despite forecasts for major industry growth, according to a whitepaper
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
8 June 2023
IQ-EQ appoints Swiss MD
Patrik Marti has two decades of management experience at Credit Suisse
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
5 June 2023
State of substance
How are GPs giving their firms the necessary mass to operate in Luxembourg?