Lawmakers in the UK have urged the British government to reject European proposals for wide-ranging regulation of the alternative funds universe as they currently stand, especially if there is no comparable legislation in the US.
Blackstone is piloting a new interactive LP portal that will allow investors to delve into the firm’s performance data across asset classes, geographies and sectors like never before. It will also allow LPs to import data from other GPs into the Blackstone system.
Real estate GPs hope to avoid new laws requiring SEC registration thanks to existing investment company rules but it could be a mixed blessing at best: unregistered funds could find it even harder to raise cash from LPs, and restrict their ability to close deals. PERE magazine October 2010 issue