Nicholas Donato

Non-EU fund managers have been provided a brief window to submit their feedback on how EU regulators are proposing to supervise their access to EU institutional investors.

Cerberus’ abandoned deal to acquire US hotel chain Innkeepers may signal a return of firms exercising Material Adverse Change or Material Adverse Effect Clauses in response to global market uncertainty.

A critical two month countdown has begun for the funds industry to study and respond to detailed AIFM proposals released by EU regulators last week. The industry’s lobbying efforts appear to have borne fruit, but concerns remain.

Private equity firms active in the UK have gained vital clarity on their responsibilities in the government’s battle against corruption. Many of their liabilities will extend to portfolio company level under the UK Bribery Act set to enter force in July.

Just as the SEC publishes guidelines over registration requirements for buyout groups, a Republican-led effort to exempt private equity firms from SEC oversight has taken another step forward.

Investors’ top priority when committing to new funds is not track record, but hard to quantify management performance measurements such as succession planning and depth of talent bench, according to a private equity focused survey by Green Peak.

This week Republican congressman Robert Hurt will introduce legislation that would exempt private investment firms from registration with the SEC.

Consulation closes today on proposed rules in the United Arab Emirates which make little distinction between private equity and other asset classes.

A US federal appeals court has given the green light to an investor lawsuit claiming Blackstone whitewashed its portfolio before launching its listing on the NYSE.

Having spent 2010 working to launch an Africa-focused fund, the former Doughty Hanson principal will succeed Simon Walker at the BVCA.