Regs & Compliance
16 May 2022
Chain reaction: the hidden depths of KYC
KYC is so much more than just a passport and a utility bill. Highvern’s Ken Ritchie details the intricacies of KYC compliance
12 May 2022
Jersey amends limited partnership law
Latest amendments aim to provide fund managers with greater flexibility in international fund structuring
3 May 2022
In the dog house
How effective are financial regulators when it comes to keeping private equity in check?
3 May 2022
Domicile watch: April 2022
Key takeaways from the major PE domiciles: including Jersey’s NPPR use by AIFs and CIMA’s latest promotions
12 April 2022
EU Commission publishes finalised RTS under SFDR
The Commission Delegated Regulation will come into force on 1 January 2023, when SFDR is expected to come into effect
12 April 2022
Highvern receives Irish TCSP authorisation
The authorisation enables the fund administrator to provide corporate administration services to section 110 and SPV structures across alternative asset classes
1 April 2022
Domicile watch: March 2022
Key takeaways from the major PE domiciles: including the FCA’s PRIIPs regulation, JFSC’s proposal to increase investment business fees and the latest addition to Guernsey’s blacklist
31 March 2022
Profile: Kristy Trieste, Motive Partners
The CFO & chief compliance officer discusses being a founding partner, plans for the compliance function going forward, as well as how she interacts with IR
28 March 2022
Kroll launches valuation practice in Lux
The new business is headed up by Armand Kantar, who has been with the company since 2019
28 March 2022
“C-Suite and non-competes in the age of the tweet” – restrictive covenants and social media
Proskauer Rose’s Dorothy Murray and Nicola Bartholomew discuss the increasingly blurred lines when it comes to non-competes and personal social media accounts
24 March 2022
GRI most popular ESG reporting framework
The framework is widely used across the US and Western Europe because it’s considered the most comprehensive standard for sustainability reporting
24 March 2022
An American tail: service providers go West
For European GPs that want to stick with a familiar European service provider Stateside, we explore which businesses have taken their European operational excellence across the pond
22 March 2022
Addleshaw Goddard opens Luxembourg office
Fieldfisher’s Richard Ledain Santiago has been appointed as partner to lead the new office
22 March 2022
Key reporting deadlines for Q2 2022
Need to know dates for private equity filings in the second quarter of 2022
17 March 2022
Vistra receives regulatory approval for India’s GIFT City
According to the firm, it is one of the first global organisations to receive this approval
14 March 2022
LISTEN: Lessons learned with Steve Darrington
Our latest podcast details his approach to risk management, walking the line between optimism and realism, and thinking the unthinkable.
11 March 2022
Irish funds reach €3.7bn NAV
The domicile saw an annual increase of 23%, equivalent to €699bn
10 March 2022
Guernsey funds reach £303.6bn NAV
We Are Guernsey stated this is the first time the NAV for funds domiciled in Guernsey has reached this level
7 March 2022
The pendulum has swung
The recent noise coming from the SEC is largely measured and unsurprising; as the asset class matures of course it should adhere to stricter oversight
2 March 2022
Total net sales of European AIFs declined in 2021
EFAMA’s quarterly report found net sales of AIFs fell from €177bn in 2020 to €67bn in 2021
1 March 2022
Domicile watch: February 2022
Key takeaways from the major PE domiciles: including JFSC’s late fees for registry submissions, Guernsey’s new chair for its Green Finance strategy and Ireland’s Green Pledge launch
23 February 2022
Arcus achieves top ranking for ESG reporting
The firm is closely followed by Partners Group and Tikehau Capital
21 February 2022
5 minutes with… Global Regulatory Surveillance Services
We caught up with Joe Vittoria and Sarah Donnelly of GRSS to find out about the new firm and its surveillance system offering for regulated businesses
21 February 2022
JFSC’s Sharples joins Crestbridge
Ellie Sharples is responsible for monitoring operational performance and management of all regulatory and compliance matters
21 February 2022
ESG outsourcing: who’s who?
We've compiled a directory of who does what when it comes to ESG outsourcing, to help get those boxes ticked.
17 February 2022
Profile: James Harper, Apposite Capital
The CFO discusses why he has taken over the IR function, what processes and frameworks he's put in place since joining, as well as how the firm's bespoke DD for ESG differs from their peers
14 February 2022
Operational Lens: Pantheon Secondary Opportunities Fund (PSOF)
With a total AUM of $52.3bn, Pantheon is a machine when it comes to fundraising. We take a look at the $624m PSOF, to discover how the pros get the job done.
10 February 2022
Apex buys BEST
The business, which expands Apex’s presence in India, provides fund services for PE, FoFs, hedge funds, managed accounts and mutual funds
8 February 2022
AssetMetrix expands to London
Clifford Norton joins from Allvue Systems to head up business development across the UK & Ireland
7 February 2022
Carried Away
Could the ever forceful push for ESG break carried interest, the heart of private equity?
4 February 2022
ESMA identifies liquidity concerns for AIFs
ESMA's latest report also found private equity funds experienced the largest growth in 2020
31 January 2022
PE fuels Luxembourg AUM growth to €5.9trn
The figure represents a 17.8% increase yoy, equivalent to €886bn, with PE the fastest growing asset class
31 January 2022
ATAD 3: How will private equity measure up?
Andrew Howard, Ropes & Gray tax partner, outlines his thoughts on the likely impacts on private equity of the ‘ATAD 3’ EC proposal, designed to prevent the misuse of shell entities for tax purposes
24 January 2022
Domicile watch: January 2022
Key takeaways from the major PE domiciles: including the FCA's approach to EU firms temporary UK operations, Central Bank of Ireland's outsourcing guidance, Jersey fee changes and The Bahamas removal from the EU's blacklist
20 January 2022
Navigating new rules
Ropes & Gray partner, Eve Ellis, takes a look back at private equity fund regulations throughout 2021, and looks ahead to what's in store for 2022 and beyond
18 January 2022
Apex expands to New Zealand
The fund administrator has acquired Auckland-based investment administrator MMC
17 January 2022
Suntera acquires Nedgroup Trust
Nedgroup Trust provides fiduciary services to HNWIs, ultra-HNWIs, family offices and owner-managed businesses
13 January 2022
Highvern buys Noble Trust Company
The independent boutique trust company provides wealth management solutions and multi-family office services
13 January 2022
Profile: James Yates, IK Partners
The CFO & managing partner discusses how the firm has professionalised and institutionalised its processes, his thoughts on Luxembourg as a domicile as well as his hopes for IK's operational functions in the future
10 January 2022
Operational forecast for 2022
We take a look at Alpha FMC’s predictions for PE operations this year, as well as individual forecasts for CFOs, COOs, CTOs, CDOs and heads of compliance
10 January 2022
KBA appoints CEO of Irish ManCo
Andrew Kehoe has been with KB Associates (KBA) since 2017
10 January 2022
Planning permission
A growing number of small managers are taking on full scope AIFM permissions well ahead of time; the market is split on whether or not this is a good move or a big burden
6 January 2022
Highvern expands to Ireland
This is the firm’s third office in addition to its presence in Jersey and London
3 January 2022
Diligend secures additional investment
Fresh capital will see the due diligence platform expand its fund manager offering
22 December 2021
High profile collection
Selection of The Drawdown’s favourite profiles with key operational professionals in 2021
21 December 2021
Deep dive collection
Selection of The Drawdown’s extended analysis features from 2021
17 December 2021
Domicile watch: November-December 2021
Key takeaways from the major PE domiciles: including Ireland’s introduction of a fast-track process for Taxonomy and SFDR regulations, Guernsey’s increased fees and Cyprus’ funds industry’s increasing AUM
16 December 2021
Key reporting deadlines for Q1 2022
Need to know dates for private equity filings in the first quarter of 2022
16 December 2021
Apis appoints compliance manager
Will Jamieson joins the firm in this newly-created position from compliance and regulatory consultancy group Complyport Consultants
13 December 2021
European LPs: anti-greenwashing regulation won’t work
Only 44% of European LPs are optimistic about anti-greenwashing regulation making it easier to distinguish true environment-related claims from greenwashing, according to Coller Capital
9 December 2021
Majority of managers say greenwashing is a problem
Most managers support the FCA’s adoption of the TCFD reporting framework
2 December 2021
Compliance calendar
Need to know dates for your diary as UK rules diverge post-Brexit, as well as upcoming key European regulations
25 November 2021
European Commission puts AIFMD and ELTIF under review
The legislative proposals adopted include clarification on delegation rules
12 November 2021
LPs: PE needs stricter oversight and regulation
According to Edelman, 74% of LPs believe there needs to be stricter oversight and regulation of PE
4 November 2021
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
1 November 2021
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
28 October 2021
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
25 October 2021
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
21 October 2021
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