News
30 March 2020
Fund finance to the rescue
CFOs are well aware of the flexibility afforded by fund finance, but in the face of a global pandemic these facilities are proving to be an essential lifeline
27 March 2020
IPEV releases statement on fair value
LPs have a critical need at 31 March 2020 for their GPs to report underlying investments at fair value on a timely, consistent and rigorously determined basis.
27 March 2020
Apex launches digital banking platform
The solution processes and opens bank accounts without physical documents
25 March 2020
iCapital Network raises $146m
Funding round led by Ping An saw BlackRock take a significant minority stake
25 March 2020
SS&C acquires Captricity
Captricity is a machine learning solution that translates paper and handwritten documents into a digital format
24 March 2020
Luxembourg adapts to temporary substance requirements
The jurisdiction enacted emergency legislation to protect investment funds and companies against the global pandemic
23 March 2020
MJ Hudson acquires Meyler
US-based Meyler specialises in marketing services and analytics for alternative assets
20 March 2020
The new PE playbook
McKinsey urges sponsors and their portfolio companies to adjust quickly to the COVID-19 outbreak
20 March 2020
Guernsey and Jersey adjust substance requirements
Guernsey and Jersey have collectively adjusted their requirements for economic substance amid the outbreak of Covid-19, to help reduce the spread of the virus
16 March 2020
JTC acquires Sanne’s private client business
The £12m deal sees Sanne's team move into JTC's Jersey HQ
12 March 2020
Budget 2020 and private equity
While tax treatment for fund executives remains the same, there will be a review of overseas fund structures
12 March 2020
Covid-19 and private equity
Everything private equity operational functions need to consider in the face of the global pandemic
9 March 2020
Cyprus’ total AUM reaches €6.8bn
The total increased from €5.7bn in 2018 and was dramatically up from €2.9bn in 2017
9 March 2020
PE faces tighter remuneration rules
Bank-style regulation continues to extend to private capital markets, says Linklaters
6 March 2020
Eurazeo signs gender diversity charter
The charter was created by trade body France Invest earlier this year
2 March 2020
Jersey PE and VC funds increase by 19%
These Jersey Finance figures are for the year ended December 2019
2 March 2020
TiG acquires MMRIT
Deal marks second acquisition since receiving backing from BGF in July 2018
26 February 2020
SimCorp upgrades reporting and management offering
The software provider has announced two new partnerships
26 February 2020
Jersey fund AUM swells by 17%
Fund assets serviced on the island grew to $481.2bn in 2019
25 February 2020
ILPA launches D&I roadmap
Opensource approach designed to encourage third-party contributions
24 February 2020
ESG is key driving force of change
McKinsey & Company’s latest report said LP demand for higher quality information around ESG requires better tech, while social element of ESG highlights need for diverse teams
20 February 2020
EU blacklists Cayman Islands
Cayman Islands was listed on the Annex II alongside Palau, Panama and the Seychelles as the latest domiciles to not implement tax reforms they had committed to by the agreed deadline
14 February 2020
Alternatives activity boosts SS&C’s revenue growth
The acquisitions of Intralinks, Investrack and Algorithmics contributed $48.1m to Q4 revenues
13 February 2020
Tomorrow’s CFO leads
They will be expected to take on a leadership role as it adapts to the numerous regulation and technology changes going forward
12 February 2020
ICR launches ESG DD services for PE and VC
The analysis aims to help PE and VC firms identify and assess ESG issues during the investment due diligence process
10 February 2020
Estera becomes Ocorian
Decision to operate under Ocorian brand follows July 2019 merger
7 February 2020
Moonfare reaches €250m AUM
Moonfare’s digital platform allows qualified HNWIs to invest in PE vehicles
29 January 2020
Majority of GPs believe Gen Z creates new level of ESG investors
Findings come from Vistra's latest survey which interviewed a number of LPs, GPs and intermediaries
24 January 2020
State Street partners with iCapital Network
The partnership is a response to high net worth investors and family offices increasingly wanting access and exposure to alternative asset classes
24 January 2020
Permira partially exits Duff & Phelps
The deal reunites Duff & Phelps with former backers
20 January 2020
PE funds most popular product for Guernsey in 2019
Findings come from Monterey Insight’s 25th Guernsey Fund Report, and account for the year to the end of June 2019
16 January 2020
ODD to boost focus on data compliance
Increased use of large data sets to generate alpha is driving increased operational due diligence in how funds manage information
15 January 2020
Majority of GPs see tech as biggest change in PE
The survey also identified increased demand for more information and outsourcing becoming standard practice among key trends of the changing market
9 January 2020
Eurazeo boosts sub line on ESG criteria
The new €1.5bn facility is indexed against the GP’s ESG performance criteria
7 January 2020
Abry Partners backs Options
The investment will support Options' growth via M&A and advancement of its tech offering
6 January 2020
FIS acquires majority stake in Virtus
Deal sees tech vendor move into outsourced space
16 December 2019
Lithuania seeks to attract fund managers
Recent regulatory amendments aim to position the country as an attractive domicile
16 December 2019
Romania approves New AIF Law
Updated law better aligns Romania with recent EU developments
12 December 2019
MJ Hudson lists on AIM at £97.6m
Listing highlights increased regulatory and transparency demands on alternative assets
10 December 2019
Sanne and Colmore tie-up on GP tech
The project is based on Colmore's Helios platform
6 December 2019
Sustainable finance taxonomy nears agreement
Unified classification aims to provide absolute measure for sustainable economic activity
4 December 2019
Crestbridge granted Luxembourg licence
New licence adds to existing offerings in UK, Jersey, Bahrain and Cayman
26 November 2019
Key regulatory developments in 2019
Latest developments come from Proskauer's 2019 Annual Review and Outlook
26 November 2019
Industry wants ESG regulation
According to a recent poll, senior leaders within alternative assets think regulators aren’t doing enough on ESG
26 November 2019
Silverfleet’s Microgen merges with Touchstone in market-shifting software deal
Deal marks a return to fund administration sector for Silverfleet
25 November 2019
EastNets and Refinitiv tie-up for AML efficiencies
Partnership enables watchlist screening and AML detection in real-time
22 November 2019
CFA UK launches ESG qualification
The certificate demonstrates greater understanding and improves transparency across the investment sector
21 November 2019
Harmonate launches data ops platform for funds
The offering responds to investor demand for more transparency
20 November 2019
Luxembourg’s AUM increased 20% year-to-year
Figure comes from ALFI's latest 2018 Luxembourg Private Equity and Venture Capital Investment Funds Survey
20 November 2019
CEPRES develops platform offering
Users can process and securely exchange all investment data and content within one digital suite
19 November 2019
BNP Paribas Securities Services buys stake in AssetMetrix
The partnership updates the firm's private capital offering with digital solutions
19 November 2019
Brizell and McCarthy launch Corvus
New firm aims to fill the space between law firms and compliance consultants
13 November 2019
Chatham Financial acquires JCRA Group
The merged firm provides data, tools and advice for financial risk management to more than 3,000 clients
12 November 2019
Guernsey home to Permira’s latest fund
Permira has had a long association with Guernsey
7 November 2019
Drawbridge expands Connect platform
The firm launched Connect-R™, a continuous vulnerability management service platform