Fundraising & fund structuring
27 January 2023
Top of the chain
With the Consumer Duty expected to come into effect on 31 July 2023, the responsibility to comply will apply to the entire supply chain, including fund managers
27 January 2023
Citco partners with Fenergo
Citco to integrate Fenergo’s client lifecycle management platform
26 January 2023
Valutico closes first financing round
The valuations platform has secured investment from outside investors, including PUSH Ventures, aws Gründerfonds and Erste Group
25 January 2023
Crestbridge appoints senior risk and compliance officer
Marie Morris joins from Butterfield Bank to assume the roles of director and money laundering compliance officer
24 January 2023
Diligend secures series A and rebrands
Financing round led by Nasdaq Ventures; Diligend becomes Dasseti
24 January 2023
Simpson Thacher appoints financial regulatory lawyer
Stephanie Biggs joins from Travers Smith to co-lead the firm’s European financial services and funds regulatory team
23 January 2023
Core opens for business
The company offers a range of fund administration services for GPs based in Guernsey
23 January 2023
Pantheon appoints chief financial officer
Dean Maines joins the firm as CFO and partner, as two senior operations team members are promoted to partner
23 January 2023
Tackling tokenization
As GP appetite for tokenization increases, concerns around liquidity, security and regulation need demystifying
20 January 2023
Ares Capital appoints first COO
Jana Markowicz is appointed to the newly created role after 18 years’ service at the firm
19 January 2023
Venn enhances portfolio analytics platform
The platform’s interpolation functionality uses a public market proxy to deliver an approximated daily return stream for the private market
19 January 2023
Talos partners with Formidium
The partnership combines fund administration services with digital asset trading strategies
18 January 2023
Crosslake acquires Intechnica
Acquisition sees Crosslake expand its European presence
17 January 2023
IDR launches next-generation fund subscription
The service aims to provide a smooth fund subscription service that easily connects GPs and LPs
17 January 2023
Apex acquires Luxembourg’s ALFI Partners
The acquisition aims to deliver a cross-border fund-distribution solution
16 January 2023
A question of intent
EFAMA responds to ESA’s consultation on greenwashing, distinguishing between misleading with intent and regulatory uncertainty
13 January 2023
Pinsent Masons acquires Morgan Green Advisory
Law firm expands its ESG services by joining forces with sustainability finance consultancy
12 January 2023
KBRA reports relative resilience for 2023
Rating agency highlights stability in the private equity and credit sectors
12 January 2023
Capital-raising punishment: Painful process
A sleek and streamlined onboarding process is vital to make sure hard-won commitments aren’t scared off
11 January 2023
Capital-raising punishment: Laborious letters
An increasingly complex regulatory environment and investor sophistication have resulted in longer side letters. With the rock to be pushed up the hill of compliance getting larger, how can GPs ensure it stays at the top?
11 January 2023
Socials savvy
A survey from Prosek Partners has revealed a strong GP social media presence will be key to successful fundraising
9 January 2023
Regulatory roadmap 2023
ESG is set to be the biggest bump in the regulatory roadmap for 2023, along with AIFMD and AML reforms in tow
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.
6 January 2023
Neutral horizons
Invesco’s 2023 Investment Outlook predicts a neutral valuations environment for the year ahead, despite tricky market conditions
5 January 2023
State of New York increases cap on alternative allocations for pensions
Governor has signed bill increasing permitted allocations from 25% to 35%
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
5 January 2023
Column: Smooth operator
In a challenging fundraising environment, operational leaders must ensure the machine room is running smoothly, writes Dörte Höppner, chief sustainability officer at The Riverside Company
3 January 2023
5 minutes with… David Genn, CEO of Goji
We spoke to the CEO of Goji to find out how they are using digitisation to open up investor access to private equity funds
3 January 2023
Comment: Why the DPI performance metric is so important to investors today
ECI’s Jeremy Lytle urges private equity firms to use appropriate performance metrics as macroeconomic turbulence attracts greater investor scrutiny
20 December 2022
“Stabilised volatility” on the horizon, says EY
EY predicts the most likely geopolitical developments for PE in 2023 and successful strategy to manage them
15 December 2022
A piece of the pie
As the alternative assets sector becomes more attractive for DC pension schemes, fund managers are tasked with scaling up to accommodate liquidity management
13 December 2022
UNPRI et al. push for biodiversity
150 financial institutions have called on world leaders to adopt Global Biodiversity Framework at COP15
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
12 December 2022
Dealbreaker: ESG standards
To retain investors, a high standard for ESG-related disclosure is becoming crucial
8 December 2022
GP commitments greatest concern for LPs
As more LPs are re-evaluating their current manager relationships for 2023, GP commitments to funds, increasing fund sizes and shifts in strategy are their highest concerns
7 December 2022
Goji partners with Apex
The partnership aims to streamline onboarding, KYC & AML and digital subscriptions
6 December 2022
Exclusion exemption
FCA clarifies which investors are exempt from Consumer Duty in latest quarterly consultation paper
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
5 December 2022
Managers downgrading SFDR fund labels
Continued tightening of the SFDR has seen several funds move from Article 9 to Article 8
25 November 2022
Oak Group makes two appointments
Oak has hired Belinda Ridout as director of client accounting and Hannah Crocker as company secretary
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
22 November 2022
Valuations decrease predicted for Q4
Macroeconomic instability causes valuation concerns for GPs and LPs as Q4 year-end reporting approaches
21 November 2022
Fast Funds
Fund managers are increasingly turning to Jersey due to the speed, flexibility and efficiencies offered by its fund structures
17 November 2022
Go with the flow
Key takeaways from The Drawdown's most recent breakfast briefing event, which discussed the complexities and challenges of information flows from portfolio companies through to investors
15 November 2022
Agilitas appoints two finance team members
Mia Sendlbeck and Sam Berry have joined as finance director and finance manager, respectively
11 November 2022
Aztec Group hires non-executive director
New York-based Eric Bernstein has joined the fund administrator’s board
9 November 2022
GenTwo partners with Apex’s EDB
The partnership aims to facilitate banking services for institutional investors
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
Looking back to look forward
By looking back at how and where the international funds industry has evolved, we can better understand how the sector might develop in the future, argues Elliot Refson, head of funds at Jersey Finance
7 November 2022
Ontra acquires Captain
Acquisition will see Ontra build on its digital fund lifecycle management solution
7 November 2022
Reed Smith hires partner from Kirkland & Ellis
Romin Dabir joins the firm’s Financial Industry Group
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
3 November 2022
Saunders re-joins Goodwin
Fund finance specialist Ed Saunders returns to Goodwin after three years at Mayer Brown
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