Graham Bippart
ESG criteria are expected to play a increasing role in deciding where funds are based, according to an IFI Global survey.
Two European LPs have already defaulted on capital calls, and more are rumored, as LPs get hit with a one-two punch of large, often early capital calls and drying up distributions.
The recent enactment of CFIUS’s FIRRMA 2018 included updates and clarifications to the regulation. But it will still have firms visiting their lawyers for advice more often, and the list of transaction types covered is likely to increase.