Outsourcing
4 December 2023
Comment: Who’s afraid of the US tax system?
James Debate, corporate senior tax manager at USTAXFS, explains how European PE firms can unpick the US tax system to win over US pension fund investors
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
MUFG IS anchors in Malaysia
New office to provide full-service offering across fund accounting, administration and asset servicing
4 December 2023
Quantium partners with Microsoft Azure
Investment management software stores data and has built its investor portal on Microsoft’s cloud computing platform
4 December 2023
Praxio appoints head of banking and finance
Pinsent Masons fund finance director Michael Mbayi joins Luxembourg law firm
30 November 2023
Trigger warning
As valuations come under greater scrutiny, GPs must carefully consider the triggers for valuation challenges under the terms of their NAV facilities
29 November 2023
Kroll launches risk assessment tool
Offering includes portfolio monitoring and diligence, streamlined data collection and benchmarking
28 November 2023
Bite Investments launches wealth management feature
Company’s platform to connect asset managers with wealth managers to facilitate fundraising
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
23 November 2023
Lunate and BNY Mellon invest in Alpheya
Company to develop wealth management platform for wealth and asset managers
22 November 2023
SimCorp launches investment analytics platform
Offering to be rolled out over multiple launches; performance analytics attribution marks commencement
22 November 2023
SEI acquires National Pensions Trust
Companies cite consolidation as a driving force for an increasingly strong market position
22 November 2023
Cayman Islands removed from FATF’s grey list
Effective prosecution of financial crimes was key element to de-list but domicile stays on EU’s AML blacklist
22 November 2023
Crossbreed funds
How PE is shedding its ‘illiquid’ skin and creating hybrid funds to access the private wealth market
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
21 November 2023
Hawksford acquires Paradigm
The fund administrator is expanding to the Cayman Islands
20 November 2023
Carta launches waterfall calculation tool
Company aims to support with LP reporting, M&A deal impact and equity value estimations
20 November 2023
There and back again
Matthias Plötz reports on the success or otherwise of German GPs´ Luxembourg holidays
20 November 2023
Firm identity
A tight fundraising environment and ESG fund naming conventions warrant a closer look at the names of private equity entities, writes Matthias Plötz
17 November 2023
Apperio’s CEO steps down
Founder Nicholas d’Adhemar created the company in 2013 to improve the management of legal costs for PE firm in-house legal teams
16 November 2023
Comply launches software and annual review service
Company aims to support chief compliance officers with growing regulatory demands
16 November 2023
StepStone launches intelligence platform
Tool to provide research, reporting, portfolio optimisation and benchmarking across private markets
16 November 2023
Ontra integrates GPT-4
The large language model will be incorporated into the firm’s AI engine Ontra Synapse
15 November 2023
Filament Syfter teams up with Valu8
Partnership aims to enhance Filament Syfter’s offering with Valu8’s data repositories
15 November 2023
Ad hoc portfolio reporting to be expected in the next three years
GPs and LPs are forecasting increased reporting functionalities within private markets, according to CSC’s latest report
15 November 2023
Unrealised potential
The ILP has not yet led to a surge in funds being domiciled in Ireland, writes Jon Whiteaker
14 November 2023
AirFund secures €6m
Digital fundraising platform forms partnerships with Amundi, Indosuez Wealth Management and Fund Channel
14 November 2023
AIFM-Done
As the EU concludes technical discussions around the AIFMD review, The Drawdown takes stock
13 November 2023
Island appeal
The Channel Islands have established strong reputations as domiciles and intend to keep them
13 November 2023
ESMA prioritises cyber risks
Digital resilience, including cybersecurity risk management, will be a key priority for the Authority
13 November 2023
The digital CFO
While most CFOs would protest at the idea of their entire role being outsourced, an example of a plug-in CFO service is the upcoming launch of Corvus Group. Is it time to outsource the CFO entirely?
10 November 2023
TotemVC launches AI Insights
Software extracts information from emails and attachments to provide portfolio company insights
10 November 2023
Balentic launches Orca
Platform to facilitate fund formation and capital allocation, available to GPs, LPs and placement agents
10 November 2023
Canoe has launched Canoe Pro
Offering to combine company’s tech solutions with specialised service provider support
9 November 2023
Alpha Group appoints head of lender engagement
Ex-NatWest Markets, Benjamin James, to head up company’s lender relationships and oversee product development
9 November 2023
Altvia partners with Dakota
Partnership aims to accelerate fundraising with enhanced data insights
9 November 2023
Wheels in motion
The UK is working hard to restore its attractiveness as a domicile post-Brexit but it’s not there yet
9 November 2023
Arch secures $20m
The funding aims to enhance the private investment management platform’s service offering, which includes tax document management, among other workflow solutions
9 November 2023
Driftwood Climate comes ashore
Boutique consulting firm to advise on climate strategy, decarbonisation and climate impact
9 November 2023
Comment: Burden of proof
Amelia Stawpert and Alex Jones of Hogan Lovells analyse the impact of the ECCTA on UK limited partnerships
7 November 2023
Ropes & Gray’s Emily Brown joins White & Case
Brown joins as a partner in the law firm’s global M&A and PE industry group
7 November 2023
Carta launches fund tax tool
Fund admin aims to support with fund accounting and taxation, real-time allocation calculations and draft K-1s for LPs
7 November 2023
Deus Group launches Murphy
Founder Varun Khullar walks The Drawdown through his merger-filing tool, which aims to support GPs and deal lawyers in their deal completion process and associated regulatory filings
6 November 2023
Apex acquires Watermark
The fund administrator has infiltrated the Portuguese market
6 November 2023
Investec launches GP advisory practice
Formerly with Eaton Partners, Stefano Manna is to head up the team
6 November 2023
Raising the Liechtenstein flag
LGT’s Julien Ward and Bjoern Kogler explain the unique advantages of domiciling in Liechtenstein
6 November 2023
Breaking the mould
Does Luxembourg deserve its position as the default domicile in Europe or should GPs be more willing to consider alternative jurisdictions?
3 November 2023
Quest sets up shop in Barcelona
Director Michael Webb to head up placement agent’s offering in Spain
3 November 2023
IQ-EQ expands to Abu Dhabi
New office marks company’s second launch in the Middle East, following its setup in Dubai earlier this year
3 November 2023
Cascata partners with 4Pines
Partnership is the latest instalment in a series as Cascata teams up with various fund administrators
3 November 2023
Dillon Eustace appoints two to asset management practice
Laura Goonan and Hannah Fenlon join as partners in the practice in Dublin
2 November 2023
Ropes & Gray promotes Maj to counsel
The lawyer’s asset management team promotes Dorota Maj as one of 20 lawyers making the move to counsel across the firm
2 November 2023
UK fund managers find manual processes biggest FX operational challenge
MilltechFX’s survey found UK GPs are investigating ways to automate FX processes to remove the manual burden