Legal & compliance advisory
26 July 2024
Robin AI picks Singapore for Asia hub
Geographical expansion comes after doubling footprint in New York
24 July 2024
A third of private market firms leave compliance to last minute
New research from CSC which looks at SPV in private markets sees 69% of senior professionals citing economic substance regulations as top challenge
22 July 2024
Profile: Karen Sands, COO, Federated Hermes Private Equity
From psychology to finance; from finance to COO; Karen Sands charts her professional journey, highlighting how her interpersonal skills have helped her reshape teams
18 July 2024
5 minutes with… Philipp Neidel and Joachim Mogck, partners at Orbit
Neidel (right) and Mogck (left) launched their boutique law firm to specifically focus on advising the product ‘fund’ and deploy technology to improve and accelerate services
17 July 2024
A&O Shearman strengthens fund finance team
Clovis joins the firm’s sponsor-side debt finance practice from Kirkland & Ellis
16 July 2024
Out with the old and in with the new
Rede Partners Liquidity Index finds LPs actively seeking new relationships and expecting fewer re-ups with existing managers
3 July 2024
HSF launches ESG tracker
Law firm aims to empower through information and provide an early warning system
1 July 2024
Conundrum of ESG choice
Amid a myriad of software, partnerships and consultants, how do GPs make the right choice?
1 July 2024
Moody’s and MSCI team up
Partnership to enhance ESG transparency and explore private credit market opportunities
1 July 2024
Legal & General launches LTAF
Vehicle is part of the firm’s broader strategy to facilitate private market investments access for DC pension schemes
24 June 2024
Leverage limitations on private credit funds
AIFMD II introduces new rules for loan origination funds and firms will have to make a choice
19 June 2024
Validus adds pre-trade check functionality
Company aims to streamline risk management workflows and improve operational efficiency for clients
18 June 2024
HWF opens Milan office
Opening marks first Italian office for W&I insurance provider, led by Arianna Scocchera
14 June 2024
Robin AI launches contracts report builder
Robin AI Reports automatically generates and reviews legal contract reports
11 June 2024
Travers Smith adds to retailisation expertise
Joel Grossmark, formerly European legal counsel at Blackstone, joins the firm as a partner
7 June 2024
FIS launches climate risk financial modelling tool
SaaS offering to support clients with assessing, reducing and reporting risks tied to climate change
5 June 2024
Gibson Dunn welcomes tax partner
Formerly with Weil, Gotshal & Manges, Benjamin Rapp joins the firm’s tax practice group across Munich and Frankfurt
31 May 2024
Passthrough welcomes head of financial crime
Mark Mangion formally joins full-time after spending the last two years in the role of financial crime adviser
30 May 2024
Snoop dog: Who watches the regulators?
The Drawdown evaluates different proposals to regulate the FCA and PRA
29 May 2024
Leverst launches relationship tracker
Company aims to shine light on dynamics of LBO transactions in the DACH market
28 May 2024
Ogier adds to fund expertise in Dubai
Dominic Athwal relocates to Dubai and receives promotion to counsel
28 May 2024
Skadden welcomes financial regulation partner
Formerly with Linklaters, Sebastian Barling advises on regulatory aspects of M&A, investment funds, PE funds, insurers and banks
28 May 2024
Cost cutters: Four tips for operational resilience
Ace & Company’s managing partner Sally Beh says careful cash management is a crucial step in trying times
21 May 2024
HSF launches ESG reporting tool
Law firm’s tool to analyse corporate structures and create reports including legal advice on reporting obligations
21 May 2024
White & Case expands Luxembourg tax practice
Ex-Allen & Overy counsel Guilhèm Becvort specialises in cross-border tax law for private equity, debt and real estate strategies
16 May 2024
White & Case add funds partner in Luxembourg
Emmanuel Gutton joins from the Association of the Luxembourg Fund Industry
16 May 2024
Putting the ‘private’ back into take-privates
Decision by UK Takeover Panel helps private equity firms by removing the obligation on public companies to disclose bidders
14 May 2024
Goodwin and Passthrough deepen partnership
Tech provider's e-subscriptions offering integrated into law firm’s services
14 May 2024
Reframe launches debt advisory
The advisory has partnered with Sandeep Pradhan and his business Liverpool Street Capital Advisors
9 May 2024
FCA gets ready to scrub
Financial watchdog’s anti-greenwashing rule is effective from 31 May 2024; The Drawdown checks it to make sure PE ticks all boxes
7 May 2024
Corlytics snaps up Deloitte regtech platform
Following investment from Verdane, the company expands its geographic reach and augments service capabilities
6 May 2024
Strength trAIning
Three ways to nurture generative AI to enhance operational resilience strategies
2 May 2024
The FTC’s non-compete ban and its consequences
If you or your loved ones have been incentivised to remain at your current employer, you may be entitled to compensation
2 May 2024
Clifford Chance promotes Dunne to partner
Stephanie Dunne has been at the firm for a decade, since completing her training contract
2 May 2024
Ogier welcomes McManus into partnership
Matt McManus joined the firm in 2021 as a managing associate
29 April 2024
EQT appoints legal director
Formerly with Invesco, StepStone and BlackRock, Archanna Ramu will be responsible for client relations and capital raising
22 April 2024
Hamilton lane ‘pushes back’ on NAV loans
“We want to ensure the right guardrails are in place to protect LPs,” says managing director John Stake
18 April 2024
HNWI hurdling
The UK may have reversed its changes to the HNWI regime but the conversation seems far from over
17 April 2024
Debevoise appoints funds partner
Goodwin’s Shawn D’Aguiar makes the switch after seven years
16 April 2024
Bain & Company’s Alexander Schmitz succeeds Christophe De Vusser
Schmitz will assume the role of private equity EMEA practice lead
16 April 2024
DunPort appoints GC
Niamh O’Reilly joins the private debt asset manager after nine years at corporate law firm McCann FitzGerald
11 April 2024
FCA proposes permanent bundling of research payments
The consultation aims to make concrete the potential to pay for investment research and trade execution simultaneously, diverging from the EU’s MiFID II legislative framework
10 April 2024
Compliance issues cost GPs mandates, says Ocorian
Study from Ocorian and Newgate Compliance additionally shows increasing levels of conflict between fund management and compliance teams
9 April 2024
Addleshaw absorbs KWM Madrid office
The team of 60 lawyers will be led by KWM Madrid managing partner Roberto Pomares
9 April 2024
Verdane backs Corlytics
Fresh funds to support organic growth, M&A activity and investments in “intelligent offering”
9 April 2024
Zanders acquires RiskQuest
Risk management consultancy expands its presence in Europe by absorbing RiskQuest’s Amsterdam HQ in addition to 11 other international offices
8 April 2024
ORC and Dasseti partner up
The investment advisory firm aims to improve its ODD services with the partnership
8 April 2024
‘This is where things have substantially changed’
The Drawdown catches up with Jonathan Blake, the inventor of the LP model and the rules on VC trusts, to discuss fund trends, retailisation and regulation
8 April 2024
Ogier appoints Luxembourg funds partner
Hervé Leclercq will advise PE, real estate and infrastructure fund managers on fund structuring, operating and marketing
8 April 2024
Behind the multiple
Calculating carried interest with TVPI multiples means clear definitions of contributions and distributions are needed, a Colmore case study finds
4 April 2024
Oaklins NL launches valuation advisory
Firm welcomes new partners Tijn Bastiaans and Costas Constantinou
27 March 2024
Whatever happened to ESG-linked loans?
As tools for ESG transformation they seem to have been abandoned but they still have their place
25 March 2024
Macfarlanes promotes six
The round of partner promotions includes that of corporate tax lawyer Joe Robinson
22 March 2024
JTC Law appoints head of investment funds and corporate
Leanne Wallser has two decades of experience practising Jersey Law
21 March 2024
Katten appoints three to investment management office
Thomas Laurer, Ryan Hansen and Daniel Lewin join from Curtis
20 March 2024
Corvus launches administration business
The company has added fund administration services to its existing legal and compliance business
20 March 2024
Herbert Smith Freehills appoints ESG leadership across US, UK and EMEA
Partner Heike Schmitz to co-head the firm’s ESG EMEA practice together with partner Iria Calviño, among other appointments
20 March 2024
Domos FS partners with Cascade
Partnership will allow Domos FS’s clients to rely on Cascade for AML and KYC matters
15 March 2024
RobinAI integrates Claude 3
The AI legal chatbot has partnered with Anthropic since 2022
14 March 2024
White & Case appoints funds partner
Formerly at Ropes & Gray, Lavanya Raghavan to join the firm and reunite with former colleague Emily Brown
13 March 2024
Rede Partners appoints head of strategic capital advisory
Riccardo Villa will lead the advisory’s alternative liquidity solutions services
12 March 2024
European Commission rejects ESMA’s ELTIF 2.0 draft RTS
Liquidity mechanisms have been revised to make it easier to set up evergreen funds and to better attract individual investors to private markets, but the proposals still divide the investment community
7 March 2024
FCA increases AML oversight
Recipients of the regulator’s recent Dear CEO letter have six months to perform a gap analysis
6 March 2024
Kirkland appoints ESG partner
Rebecca Perlman joins after a 12-year tenure at Herbert Smith Freehills
4 March 2024
Taylor Wessing appoints fund formation partner
Shervin Shameli was formerly co-head of Reed Smith’s private funds formation group
4 March 2024
Kroll launches two fraud solution tools
Risk Analytics Monitor and Managed Compliance Software use data analytics and AI technology to help automate risk management workflows
1 March 2024
Bischoff succeeds Peel as head of finance at Travers Smith
Charles Bischoff (left) has been a partner since 2012; Peel (right) to remain at the firm and continue to ‘play a significant role’ in the practice
29 February 2024
Tyrannosaurus Regs?
How are global regulators scrutinising AML procedures and is that oversight increasing?
26 February 2024
Economic symptoms of longevity
Addleshaw Goddard’s latest Funds Trends Report showcases the effects of longer fundraising and investing periods on the economics of the GP-LP relationship
22 February 2024
Comment: What you need to know about ELTIF 2.0
Karma Samdup and Vicki Odette, partners at Haynes & Boone, examine how ELTIF 2.0 aims to unlock private market access for retail investors
22 February 2024
Next stop – carried interest
Liquidity event delays are having an effect on waterfall calculation models
16 February 2024
ILPA appoints inaugural general counsel
Appointment comes amid association’s legal battle with PE trade bodies regarding preferential treatment under SEC’s Private Fund Rules
15 February 2024
Seven out of 10 fund managers received AML fines in last two years
Ocorian’s latest survey finds alternative investment firms concerned about increasing AML risks
12 February 2024
Borne but not raised
A tight fundraising and deal-doing environment has GPs pondering how to structure aborted deal costs
12 February 2024
Ogier expands Luxembourg fund finance team
Delphine Gomes is a banking and finance counsel with experience in fund, leveraged and real estate financing
8 February 2024
ESG: The fund-of-funds perspective
Once removed from the underlying portfolio, this type of LP is focused on private equity’s journey rather than instant compliance
7 February 2024
Ocorian acquires Bovill
Fund administrator adds regulatory consultancy firm into its compliance offering
7 February 2024
Apollo appoints ESG counsel
Previously a legal secondee at the firm, Angus Brown joins from Simmons & Simmons
7 February 2024
Comment: Court controversy
Matthew Pincus, international counsel at Debevoise & Plimpton, warns that a recent court decision increases risk for non-US funds active in the US
6 February 2024
Proskauer adds private funds partner in London
Fund formation specialist for credit strategies, James Oussedik, joins from Sidley Austin
6 February 2024
Ontra further builds on GPT-4 functionality
Company aims to accelerate expansion into more document types and launch additional features
6 February 2024
LeadingMile partners with Qashqade
The partnership aims to increase European GP access to automated waterfall calculations and cap-table monitoring
2 February 2024
Robin AI launches contract defined-term checker
The additional feature means contract terms can be automatically verified and located within a document
31 January 2024
The carrot in addition to the stick
FCA’s proposed regime on non-financial misconduct shines light on firms’ workplace culture
30 January 2024
Glendower Capital promotes legal managing director
Kate Simpson came to the firm almost two years ago as legal director for transactions
24 January 2024
Kroll makes Lux MD appointment
Elena Moisei joins from EY to lead the firm’s work with alternative investment fund managers in Luxembourg
23 January 2024
Intelligent Legal Solutions enters market with side-letter management solution
Company aims to automate side-letter management for law firms and keep billable hours for private equity firms down
22 January 2024
The ops ‘n’ regs of wealth managers
Amid traditional LPs maxing out their allocations, PE looks to wealth managers to fill the gap – but they come with distinct requirements
18 January 2024
Accenture acquires Impendi
Deal for sourcing and procurement services provider is a bid to further build out Accenture’s private equity capabilities
18 January 2024
Ecovadis adds Vitals to IQ Plus platform
Vitals is a questionnaire aimed at helping businesses manage supply chain sustainability risks
17 January 2024
Dawn promotes four
In the ops team (pictured), the firm has promoted Adina Goga to director of legal and Gamila Hassan to talent acquisition lead
15 January 2024
Goodwin appoints credit funds partner
John Anderson to join the firm’s London team and focus on credit fund strategies
15 January 2024
What the AI?!... Ropes & Gray
Partner Rohan Massey and counsel Edward Machin at Ropes & Gray discuss how AI regulation might develop, along with key legal considerations for fund managers contemplating the technology’s adoption
10 January 2024
Park Square promotes legal counsel
Phanne Yang came to the firm two years ago as a legal associate
9 January 2024
AC Christes & Partners moves to Munich
Firm aims to offer transaction advisory, audit, tax, valuation and post-merger integration services from its new location
8 January 2024
A&M Tax appoints ASEAN tax lead
Singapore-based Shantini Ramachandra was previously a partner at Deloitte
5 January 2024
Goodwin expands Luxembourg funds team
Baker McKenzie’s Julien Schraub and Deloitte’s Céline Moille join as counsel while Philip Spilberg is promoted in the private investment funds practice
4 January 2024
Park Square makes round of promotions
Andrew Haywood is now COO, Luke Varley is general counsel and Matthew Maguire assumes the role of CFO
3 January 2024
ACA’s Andrew Poole moves to Kroll
Director of compliance has spent five years at ACA Group focusing on advising the PE and private credit sectors
3 January 2024
Robin AI secures $26m
Funding aims to expand legal AI tech provider’s presence in the US, inaugurate its presence in Asia Pacific and increase AI engineer headcount
2 January 2024
Operational utopia
If operations professionals made all the decisions, what would the perfect PE firm look like?
11 December 2023
The UK’s nice green labelling machine
Response to FCA’s SDR positive as regulatory arbitrage remains around applicability to overseas funds, portfolio management and practice of its highly anticipated anti-greenwashing rule
4 December 2023
Roschier expands finance and restructuring team
Björn Hård af Segerstad joins the law firm as counsel for financial regulation
4 December 2023
Praxio appoints head of banking and finance
Pinsent Masons fund finance director Michael Mbayi joins Luxembourg law firm
29 November 2023
Kroll launches risk assessment tool
Offering includes portfolio monitoring and diligence, streamlined data collection and benchmarking
28 November 2023
Carbon Accounting Alliance launches
Group of 35 organisations represents emissions of 24,000 companies
27 November 2023
Home game Sweden
A change in tax legislation and ethical considerations are leading Swedish PE firms to onshore their funds
27 November 2023
Profile: Martim Avillez, Limerston Capital
The COO and founding partner discusses setting up the firm’s operations, combining them with his investment duties and navigating difficult times
24 November 2023
JTC acquires Blackheath
Fund administrator expands its ManCo services for UK-based funds
24 November 2023
Magic ID secures €350k
KYC startup aims to use the funding to launch its range of ID verification tools in the UK and the EU
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
Comment: Pillar Two ex post
Asset managers need to carefully consider the implications of Luxembourg’s proposed implementation of the OECD’s Pillar Two rules, argue Bastien Voisin, Yann Ricard and Olha Polishchuk of Goodwin