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Legal & compliance advisory

InCloudCounsel secures $200m Series B

The contract automation company has also rebranded to Ontra

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

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

Fund domiciles in 2021: Guernsey

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

Fund domiciles in 2021: The Netherlands

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

Taxation of partners: Changes expected

Alex Conway of Crowe UK details expected changes as to how partners will be taxed following the government’s current consultation

Profile: Hina Ahmad, Capital Dynamics

The COO discusses moving from the legal and compliance team to her current role, how the team has leveraged technology to keep up with rapid growth, as well as plans for evolving the firm's pandemic sub-committees

The Drawdown Awards 2021: Winners announced

Congratulations to the winners of our recent 2021 Drawdown Awards

Apex partners with VCP Advisors

VCP provides advisory, capital raising and restructuring services

ACA buys Catelas

The ML-based electronic communications (eComms) surveillance and investigations platform will integrate with ACA's regtech platform ComplianceAlpha

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

CDP aims to standardise environmental data

It aims to increase disclosure from private companies, which have previously avoided scrutiny on environmental issues and pressure to decarbonise

Waystone partners with The ID Register

The partnership provides Cayman funds with an AML/KYC and onboarding solution

Arthur Cox’s Garrett joins Reed Smith

Garrett’s practice focuses on cross-border finance and corporate transactions, formal and informal insolvency procedures, restructuring and workouts

Get ready for the new investment firms prudential regime

PE houses must familiarise themselves with the new requirements and ensure their forecasting practices are up to standard, writes Karen Allan of Haysmacintyre

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.

Ogier launches ESG compliance tool

The tool aims to help fund managers get up to speed with ESG themes, terminology, regulatory requirements as well as climate-related risk in portfolio management

Wheelhouse partners with RFA

The partnership aims to help investment firms with specific reporting and compliance requirements

2025: PE’s digital golden year

In 2025, structured data exchange will be the norm for fund managers as PE moves away from Excel. The Drawdown explores the tech solutions making that future a reality

Dentons’ Craig joins Paul Hastings

Ted Craig joined from Dentons where he was partner, head of the private funds practice in the UK

TMF Group’s White joins Oakbridge

John White is responsible for overseeing compliance at both Oakbridge Funds and The ED Group

Comment: Navigating through the storm: An evolution in fund finance

Leon Stephenson and Colin Baker of Reed Smith outline the various uses and advantages of NAV facilities

Profile: Feizal Moossa, Adenia Partners

The chief risk officer discusses the importance of his role within private equity, how his responsibilities have evolved since joining Adenia in 2003 as well as operating without an in-house legal team

Stephenson Harwood promotes de Ste Croix to partner

She focuses on fund formation, GP-led secondaries, LP portfolio sales and complex fund-related transactions, including GP removals

Simpson Thacher’s Fox joins Kirkland & Ellis

Amy Fox advises private equity clients on the organisation and operation of European, Asian and global large-cap funds

The Drawdown Awards 2021: Finalists Announced

Thank you to everyone who entered, and a massive congratulations to all those that made the shortlist

Lack of standardisation biggest threat to ESG

“Without one standardised framework for reporting standards, we will continue to see firms mixing and matching various guidelines, hindering long-term process in the area.”

A guide to Germany’s new pre-marketing rules

New pre-marketing obligations for German AIFs come into force this August, with a distinctive German twist

MJ Hudson acquires Clarus Risk

The fintech risk management and reporting automation specialist services alternative asset fund managers and investors

FCA proposes climate-related disclosures

The proposals aim to increase transparency while enabling clients to make considered choices while remaining proportionate for firms

Kirkland & Ellis names investment funds partner

Raphaël Bloch advises investment fund managers on the establishment and operation of funds and separate accounts across the alternative asset space

Squire Patton Boggs launches London funds practice

Steven Ward has been hired as investment funds partner to spearhead the development of the new division

Profile: Jonathan Pugh-Smith, Bregal Investments

The general counsel of funds discusses why he joined the firm, the diversification of Bregal's LP base and the ongoing challenges around regulations

ThinCats backs Wheelhouse

The fresh capital will be used to address the firm’s growth strategy, extend its client proposition and the firm’s digital transformation

KPMG joins campaign for reporting taxonomy

KPMG UK has become a founding member of Private Capital Data Standards Alliance (PCDS Alliance – formerly ADS Initiative)

INDOS hires head of AML

Clay Dupuy is responsible for the teams which provide AML officers to funds domiciled in Ireland, Luxembourg and the Cayman Islands

New horizons: Carbon pricing

Professor Gianfranco Gianfrate, Climate Finance Lead and Professor of Finance at the EDHEC-Risk Institute, says carbon pricing is happening and managers need to prepare

Private equity must address climate change risk

“Climate change presents unprecedented business opportunities for the industry in addition to risks”

MJ Hudson’s Brozyniak joins Charles Russell Speechlys

She joined from MJ Hudson where she spent the last four years, most recently as partner

Allvue partners with Lionpoint

This partnership enables Allvue’s clients to tap into Lionpoint’s strategic advisory, operating model optimisation, tech road mapping and solution selection as well as systems integration services

Clifford Chance’s Lilley joins Mayer Brown

He joined from Clifford Chance, where he spent the last 15 years, most recently as a director of funds and infrastructure financing within the banking and finance team

Addleshaw’s Powling joins DLA Piper

He practices across various sectors with a particular focus on private equity and real estate

Linklaters launches side letter automation tool

The tool extracts and groups similar provisions and merges duplicate clauses while increasing efficiency during investor negotiations

Cadwalader’s Cross joins Addleshaw Goddard

Cross joins from Cadwalader, Wickersham & Taft where he was part of setting up the law firm’s fund finance practice in Europe

Comment: Managing privacy concerns surrounding FATCA and CRS compliance

Ed Harris, Louise Crawford and Adela Komorowska of Hogan Lovells examine the friction between enhanced transparency among tax authorities and the right to privacy

KKR acquires ERM

KKR’s Core Investments strategy acquired the majority stake from Omers Private Equity

Debevoise promotes Dickman to partner

He advises on the formation, management and reorganisation of private investment funds

Addleshaw promotes Grüter to partner

He advises clients on fund establishment and structuring, product distribution and marketing, investment management negotiation and regulatory change implementation

Right-sourcing

A year of remote working has catalysed already changing attitudes when it comes to recruitment versus outsourcing

WATCH: Cybersecurity, and ESG concern

Cybersecurity is a matter of good governance, as well as reputation and risk management - putting it at the heart of ESG practices

Double hire for Carey Olsen’s Guernsey corporate practice

Tracey Powell has been named senior associate, while Daniel Long has been appointed as associate

A guide to continuation funds

Jeffrey Bronheim, Daniel Mathias and James Mossetto of Cohen & Gresser detail key documentation considerations in where conflicts of interest may potentially arise, and why this trend is likely to continue

Domicile watch: March 2021

Key takeaways from the major PE domiciles: including Jersey's changes to its AML/CFT handbooks, Guernsey's review of its Green Fund accreditation and Ireland's Green Team network launch

Advisory / Consultancy: Tax & Compliance award winner: Macfarlanes

Partner Ceinwen Rees highlights the importance of the firm's technical training sessions

Maples promotes de Feu to partner

He advises clients on Irish law

Advisory / Consultancy: ESG award winner: Sancroft International Limited

Senior consultant Ivaylo Dimov discusses the importance of knowing what ESG means to a firm and equally what it doesn’t or shouldn’t mean

Column: Healthy competition

Riverside Europe COO Dörte Höppner, one of the judges for The Drawdown Awards, details the importance of good service and healthy competition when it comes to service providers

Mainspring partners with Aspida Group

The partnership aims to service Guernsey-domiciled private equity and venture capital funds

Legal: Fund Structuring award winner: Travers Smith

Fund partner Sam Kay merits the win to the firm's heritage in private equity as well as its active thought leadership

Auxadi appoints five

Inflexion-backed Auxadi provides corporate services to private equity and real estate firms