December 2014 Issue
The investment funds industry still faces challenging times, with restricted financing, depressed returns, and investor discontent providing a backdrop to activity. New regulations and compliance requirements are taking a financial toll on funds, despite scepticism about their effectiveness in protecting investors and preventing another financial crisis. Despite the difficulties, opportunities still present themselves in the market and deal activity continues to build. Fund managers, however, must adopt new strategies to make the most of opportunities in the current climate, and address their shifting relationship with investors.
FORUM: Evaluating the Volcker Rule
FW moderates a discussion on evaluating the Volcker Rule between Mark V. Nuccio, a partner at Ropes & Gray LLP, Rolf Lindsay, a partner at Walkers, and Ernie Patrikis, a partner at White & Case LLP...
Co-investment – the private equity ‘gold’
White & Case LLP Co-investment opportunities – in many cases, affording pre-sourced deal pipeline, pre-diligence deal quality and pre-negotiated deal terms – have become an ever more important right sought by investors subscribing to private equity funds. In fact, many...
Private debt and the case for Europe
Preqin Beyond relative liquidity, there exists a clear correlation between the structure and coupon timetables of private debt and fixed income products, specifically in the emergence of direct corporate lending. As a financing option for...
Depositary liability and prime broker segregation
Reed Smith LLP The credit crisis led to substantial changes in the regulation of global custody. In particular, there have been moves towards a more harmonised approach within the EU to address the fact that regulation of custody in many member states...
Protected cell companies for fund and non-fund structures
Carey Group The protected cell company has come a long way since its creation in Guernsey in 1997 as a vehicle designed for use in the captive insurance industry. The concept underpinning the structure is that the protected cell company is one separate legal...
Q&A: Cyber security and technology risk for investment funds
FW moderates a discussion on cyber security and technology risk for investment funds between Mike Gillespie at Advent IM Ltd, Jay Leek at The Blackstone Group, Scott Loughlin at Hogan Lovells US LLP, and Brian E. Finch at Pillsbury Winthrop Shaw Pittman LLP.
CONTRIBUTORS
Advent IM Ltd
Carey Group
Hogan Lovells US LLP
Pillsbury Winthrop Shaw Pittman LLP
Preqin
Reed Smith LLP
Ropes & Gray LLP
The Blackstone Group
Walkers
White & Case LLP