Login Newsletter Subscribe Search

Fundraising & fund structuring

5 minutes with… No Limit Capital

Co-founders of No Limit Capital, Neno Raic and Slade Spalding, discuss why they set up the fund finance lender and what makes them different from traditional banks

Common pitfalls when drafting an LPA

Common mistakes and oversights made when putting together the LPA, and tips on how to avoid them

Kirkland & Ellis appoints Cox

Alexander Cox joins K&E's tax practice from Ashurst

Profile: Richard Burrett, Earth Capital

The chief sustainability officer discusses the firm's proprietary tool, Earth Dividend, challenges around certifying as a Guernsey Green Fund as well as what he thinks of the FCA's proposed climate-related disclosures

Out of the deep freeze and into the sun

Fokke Lucas of 17Capital discusses the merits of single asset portfolio finance for companies impacted by the pandemic

DLA Piper launches end-to-end funds practice

The division aims to provide a one-stop shop for asset managers, investment fund sponsors and investors across all industry sectors, geographies, asset classes and investment strategies

Novata secures $21m series-A

Novata provides PE firms and private companies with reporting metrics, a database to store information, and tools for analysis and reporting to key stakeholders

ILPA publishes DDQ 2.0

The template features a streamlined structure, which aims to makes filling in the document smoother, and easier for LP reviews

Bite launches private markets portfolio

The commingled product provides investors diversified exposure across various strategies, geographies and fund managers in one ticket

5 minutes with… Rory Smith, Brickfield

Founder of Brickfield Recruitment, Rory Smith, discusses his journey into fund finance and why it’s such a special market to work in

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

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

InCloudCounsel secures $200m Series B

The contract automation company has also rebranded to Ontra

Profile: Jon Fredrik Vassengen, Argentum

The manager and compliance officer discusses how the fund-of-fund determines ESG criteria and the challenges of collecting quantitative ESG data

SEI buys Finomial

Deal aimed at enhancing cloud-native technology capabilities

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

FCA moves ahead with LTAF

The rules aim to provide sufficient investor protection and enable DC pension schemes to invest in the LTAF

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

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

JTC buys perfORM

perfORM was set up as an ODD business for LPs to use across PE, private credit, RE, infras, hedge, crypto and digital assets

CAIS partners with Digital Asset

Partnership will explore use of blockchain, distributed ledgers and smart contracts between wealth management and alternative investments

​Introducing the Fund Finance Tracker

Shining a light on subscription lines, NAV facilities and GP finance, to provide insights on how a selection of lenders approach these loans

Finding the right home for your alternative fund

IQ-EQ's Justin Partington assesses the key elements of fund domicile selection

INDOS secures Irish depositary licence

The firm received the licence from the Central Bank of Ireland

LPs paying more for administrative costs

25% of LPs are being charged separately for expenses such as in-house legal, accounting and computer software

Fund domiciles in 2021: UK

Key facts and figures relating to why the UK is an emerging domicile

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

Former Investec execs launch fund finance provider NLC

Neno Raic and Slade Spalding, who worked together at Investec Bank’s Funds Solution Group aim to revolutionise capital call financing

Fund domiciles in 2021: Cayman Islands

Key facts and figures relating to why Cayman Islands is a well-regarded domicile

Fund domiciles in 2021: Guernsey

Key facts and figures relating to why Guernsey is considered a highly innovative domicile

Fund domiciles in 2021: Jersey

Key facts and figures relating to why Jersey is a fast and flexible domicile

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

Fund domiciles in 2021: The Netherlands

The Netherlands is an important centre for pension funds and offers a light regime for smaller GPs

Fund domiciles in 2021: Ireland

Ireland is a domicile to watch thanks to its recent Investment Limited Partnerships reform

Fund domiciles in 2021: Luxembourg

Luxembourg is a tried and tested domicile, popular with LPs, but concerns are mounting over skills and talent levels

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

P10 acquires Hark and Bonaccord

P10 is made up of RCP Advisors, TrueBridge Capital Partners, Five Points Capital, and Enhanced Capital

5 minutes with… Michel Geolier, Betterfront Technologies

“We enable GPs to lead with their story, to present their track record to prospective LPs, which then gives them the chance to look through the data to understand what sets this GP apart from its competition.”

IPEM 2021: The future of Europe

Rafaèle Tordjman, founder & CEO of Jeito Capital discusses Europe’s biggest challenges, and how Covid led to more investment in funds and companies

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

The Drawdown Awards 2021: Winners announced

Congratulations to the winners of our recent 2021 Drawdown Awards

IPEM 2021: Lessons learned from Covid

Philippe Poletti, CEO of Ardian France talks about how the firm managed the Covid crisis, and why sustainability is now at the core of every business strategy

CSC secures Luxembourg licences

In addition, CSC hired Pierre Mifsud as MD for depositary services, and Yves Cheret as MD for fund admin

IPEM 2021: Sustainability’s increasing importance

Alain Godard, CEO of the European Investment Fund talks about the increased importance of sustainability as well as EIF’s contribution to the sustainability agenda

JTC buys Segue

Segue provides fund solutions to private equity, venture capital, debt funds and family offices

Less than half of LPs accept standard DDQs

DiligenceVault found 58.8% of LPs send custom DDQs to their managers

Synechron partners with Accelex

Partnership aims to accelerate unstructured data extraction and management

IPEM 2021: The LP view

Michael Lindauer, MD of Allianz Capital Partners explains why LPs should stay calm and invest consistently

Standish expands to UK

Following authorisation from the FCA, the London office provides UK administration and depositary services

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

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

Carlyle secures €2.3bn ESG-linked facility

Revolving credit facility is linked to boosting board diversity, tackling climate change and ESG-competent training

Citco opens Hyderabad office

The new office provides fund servicing, banking as well as technology support functions

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

Aumni secures $50m series B

Through a combination of AI and human expertise, Alumni’s platform extracts and analyses critical deal data buried in dense legal agreements

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.

5 minutes with… Antoine Sage, PE Cube

“A typical buyout fund, for example, with 50 LPs and 10 portfolio companies generates around 10,000 documents during its lifespan, which equates to about 40,000 emails. Managers need a dedicated tool to manage this quantity of information.”

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

Accelex expands automation capabilities

The new feature enables firms to streamline investor operations to process thousands of private markets fund performance reports each quarter

ILPA seeks feedback on DDQ and DEI metrics

These latest updates aim to reflect the changes in the industry over the past several years, specifically around ESG and DEI