Fund docs
24 November 2022
In conversation: Stake house
Highlights from a recent roundtable discussing the evolution of GP stake sales and what value they can bring to private equity firms
25 November 2022
Oak Group makes two appointments
Oak has hired Belinda Ridout as director of client accounting and Hannah Crocker as company secretary
7 November 2022
Ontra acquires Captain
Acquisition will see Ontra build on its digital fund lifecycle management solution
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
3 November 2022
Diversity becomes key metric in fundraising
LPs are increasingly factoring DEI into their capital allocations, says McKinsey
31 October 2022
Comment: Negotiating GP stakes deals in uncertain times
Lawyers from Cleary Gottlieb say careful negotiation of key terms will be more important than ever
27 October 2022
IPEV board opens consultation
GP feedback requested on the association’s latest draft amendments to valuation guidelines
27 October 2022
FCA takes stance on greenwashing
Our in-depth analysis of the regulator’s consultation paper unveils increasing complexity of fund categorisation and disclosures coming to private equity
24 October 2022
LPs and GPs clash over GP-led secondaries’ priorities
Capstone Partners survey found that nearly half of both GPs and LPs see GP-led secondaries as “one of the main” exit options
6 October 2022
Hamilton Lane to offer tokenization
Partnership with Securitize will digitally expand investor access to its funds via new tokenized feeder funds
6 October 2022
Inside Verdane’s ESG-linked sub line
Verdane's sustainability lead, Axel Elmqvist, and head of debt, Andreas Daae, discuss the intricacies of setting up the firm's first ESG-linked subscription line.
3 October 2022
Carry forfeiture following for-cause removal on the wane, says MJ Hudson
Swing towards a majority of funds now specifying a haircut rather than full forfeiture highlights the shifting balance of power between GPs and LPs, according to MJ Hudson's research.
29 September 2022
Comment: Coming to terms
Steven Ward and Anjuli Chatterjee of Squire Patton Boggs compare and contrast fund terms between VC and PE, and ask how both might change in an increasingly challenging funding environment
28 September 2022
Aztec launches streamlined onboarding solution
Aztec Verify automates the due diligence process while ensuring regulatory compliance
26 September 2022
Comment: The Mother of Invention
James Wood, investment funds partner at Hogan Lovells in Sydney, explores fund structuring innovations throughout the APAC region
19 September 2022
In conversation: Power to the LP
Highlights from a recent roundtable event examining the growing influence of investors in private equity fund management
8 September 2022
Broadridge’s PE platform open for US funds
Private Market Hub is powered by distributed ledger technology
8 September 2022
Profile: Kenta Shima, J-STAR
The head of operations & IR discusses the Japanese private equity market, challenges within his role, J-STAR’s tech stack and setting up the firm’s latest fund
2 September 2022
Domicile watch: August 2022
Key takeaways from the major private equity domiciles, including: JFSC’s extension of its AIF reporting deadlines, the FCA’s new rules for its AR scheme as well as AMF’s consultation on PE funds’ end of life
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
19 August 2022
TDA 2022 Legal: Fund Formation winner: Travers Smith
Sam Kay, funds partner at Travers Smith describes what's enabled the firm to have such a deep understanding of the market
17 August 2022
Gen II launches digital fund subscription solution
The new digital offering intends to automate and streamline fund subscriptions
9 August 2022
TDA 2022 Advisory/Consultancy: Fundraising winner: Asante Capital Group
The placement agent's team explains how they support each and every project to ensure their clients are successful
5 August 2022
Vauban creates Lux fund launchpad
The platform aims to help emerging managers to launch VC funds in Luxembourg
4 August 2022
BOE interest rate hike to impact valuations
“I think we can expect to see the interest rate hike exert some downwards pressure on valuations, though how much is difficult to forecast given the broader market conditions.”
1 August 2022
AMF consults on PE funds’ end of life
The French regulator has suggested 19 proposals to improve retail investor protection
25 July 2022
Profile: Laura Howes, Key Capital Partners
The finance & operations director discusses her move from origination to finance and ops, challenges in her new position, as well as her involvement with the firm’s tech stack
22 June 2022
LP appetite for PE suffers sharp decline
The Rede Liquidity Index score has decreased from 70 in 2021 to 55 for H1 2022 signalling a sharp fall in LP investor appetite.
14 June 2022
MJ Hudson partners with Cork Gully
Partnership seeks to provide restructuring services including, GP-leds, GP replacement, continuation or wind down structures
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.
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
16 May 2022
ODD: background checks most important
New findings show background checks and references are the most important ODD considerations for LPs
12 May 2022
Jersey amends limited partnership law
Latest amendments aim to provide fund managers with greater flexibility in international fund structuring
12 May 2022
Profile: Susan Wilkins, Actis
The COO discusses her pathway from Actis portfolio company to the GP, taking over management of Abraaj funds and her role as a member of the inclusion & diversity committee
29 April 2022
5 minutes with… +SUBSCRIBE
+SUBSCRIBE’s Rafay Farooqui talks us through the platform’s onboarding and subscription document processing capabilities
9 March 2022
Fund finance: structural innovations
Investec’s Helen Griffiths and Oliver Bartholomew discuss key structural developments for capital call facilities, including cost savings awarded by the master facility agreement, the importance of GP credit ratings, and continuation vehicle solutions.
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
28 February 2022
Profile: Richard Drover, Apis Partners
The CFO discusses his responsibilities outside the finance function, his 100-day plan of action to improve and enhance Apis' processes as well as the challenges of joining a new firm
24 February 2022
Comment: The impact of new long-term vehicles with large liquid allocations
Ed Lee, partner at Proskauer, explores the advantages of adopting an evergreen model, as well as the challenges and questions they present
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.
3 February 2022
Canoe partners with Bipsync
The partnership aims to streamline and automate investment document collection and categorisation processes
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
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
4 January 2022
DiligenceVault adds ESG, D&I questionnaires
New questionnaires from The Asset Owner Diversity Charter and The ESG Data Convergence Project are now available
3 January 2022
Diligend secures additional investment
Fresh capital will see the due diligence platform expand its fund manager offering
16 December 2021
LPs want high quality investor marketing materials
According to Brackendale Consulting, most LPs believe badly designed or poorly written investor marketing materials alludes to a lack of professionalism
6 December 2021
WATCH: Mind the liquidity gap: How to hedge
A recent webinar discussion explored the purposes of FX hedges, who is best placed to do them, tackling liquidity constraints and setting up hedges internally or using an outsourced provider
29 November 2021
Common pitfalls when drafting an LPA
Common mistakes and oversights made when putting together the LPA, and tips on how to avoid them
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
28 October 2021
InCloudCounsel secures $200m Series B
The contract automation company has also rebranded to Ontra
25 October 2021
FCA moves ahead with LTAF
The rules aim to provide sufficient investor protection and enable DC pension schemes to invest in the LTAF
25 October 2021
The rise of the cross-border transaction
Reed Smith partners Stephen Mooney and Sam Webster detail the latest evolution in the way funds operate and structure deals
24 September 2021
IPEM 2021: Adapting to a virtual world
Klas Tikkanen, COO of Nordic Capital talks about adjusting to remote working through the pandemic, as well as the process of raising two funds virtually
9 September 2021
Profile: Stella Morse, Inverleith
The CFO discusses joining the private equity firm from the consumer world, what she thinks of the latest ESG regulations and setting up Inverleith's first institutional fund
2 September 2021
GP commitments increase
According to MJ Hudson, more fund managers contributed a 3% GP commitment compared to those who committed 2% or less last year
31 August 2021
Law school: litigation funds
Litigation funds are fast-becoming a fundamental part of the global justice system. While the 'assets' they manage differ greatly to those of traditional private capital funds, the way in which they operate is almost identical.
24 August 2021
Accelex expands automation capabilities
The new feature enables firms to streamline investor operations to process thousands of private markets fund performance reports each quarter