(Editor’s note: David Bailey, group head of marketing and communications, Augentius, spoke to FTF News about the need for transparency among the general partners, limited partners and regulators, particularly as the CHOICE Act bill, a Republican alternative to the Dodd-Frank Act, is proposing cut the SEC registration requirement for private equity investment advisers. The private… Read More >>
PE Firms Oppose Brexit as Race Tightens in U.K.
As the deadline for the U.K.’s European Referendum is fast approaching, private equity and real estate managers around the world have made their voices heard. The majority of firms within the country as well as Europe, U.S. and Asia are firmly within in the Remain camp. A recent survey conducted by Augentius, a private equity… Read More >>
European Regulators Clash Over Payouts for Fund Managers
The European Securities and Markets Authority’s (ESMA) final guidelines on remuneration that are part of the investment vehicle regulations known as the Undertakings for Collective Investments in Transferable Securities, aka UCITs V, was supposed to provide clarity when determining a fund manager’s pay package. However, certain aspects remain unclear, especially when it comes to the… Read More >>
U.S. Hedge Funds Face Risky Path Around AIFMD
The Alternative Investment Fund Managers Directive (AIFMD) – European Union risk-mitigation regulations that target hedge and private equity funds – took effect last month causing noncompliant North American firms to rely on “reverse solicitation” for new European investors, a risky process whose legal guidelines are hazy at best, say industry observers. As the ripple effects… Read More >>
