The link between private equity and wine

Alexandra Poe, a private funds partner in the corporate practice of Hughes, Hubbard & Reed in New York, tells pfm about how she ended up in private equity law and the best week of her life

Ireland competes with Luxembourg over Brexit rush

Changes to limited partnership law will bolster a growing private equity services sector, claims fund accountant.

SEC investment director David Grim to step down

Grim has been at the regulator for more than 20 years and became director of the investment management division in 2015.

Tougher measures for SEC ‘bad actors’ planned

New proposals would subject disqualification waivers to new Commission-level tests and create a public database of waiver requests.

USAA RealCo sued by placement agent

An agency that works with Korean investors alleged that USAA Real Estate Company did not acknowledge its brokering of $110m of fund commitments and has tarnished its reputation.

Dollar Tree seeks to dismiss Sycamore lawsuit

The discount retailer claims the private equity firm’s lawsuit against it was an attempt to ‘deflect attention from retail failings.’

Ireland aims to be ‘natural home’ for PE

A law aims to improve the country’s complicated private equity structure, to allow it to compete with Luxembourg.

Private fund CCO barred for flouting Advisers Act

Brian Kimball Case allegedly sought to avoid the custody rule’s audit and compliance requirement after registering a second firm as an exempt advisor with the SEC.

Fed grants extension on seed investments under Volcker

The Federal Reserve Board is allowing banks an additional two years to divest certain types of initial fund investments.

ESMA to sharpen AIFMD depositary rules

The regulator is recommending a UCITS-style approach to asset segregation rules in the event of depositary insolvency.

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