Nasdaq Private Market has launched a platform to let HNWIs trade stakes in private equity feeder funds.
The government’s intention to mobilize private funds builds on money earmarked for the digital infrastructure investment program announced in the Autumn Statement.
Chancellor Phillip Hammond remained tight lipped on private equity, but pointed to some small benefits for the industry.
Route1 lets the buyer and seller deal directly with each other (like Airbnb); it pairs people by matching them, as Tinder does; and, like Twitter, it’s aimed at millennials.
Susie Peer, Associate Director, Heritage International Fund Managers discusses the increased scrutiny placed on private fund administrators.
Supreme Tax Court’s ruling deemed ‘highly positive’ for managers, private equity houses and fund sponsors.
Northern Trust and IBM developed the technology, which increases transparency for all stakeholders.
The placement agent is setting up shop in Dallas from March 1.
The infrastructure plan, first proposed before the US election, calls for tax credits of up to 82% of equity investments to lure in private investors.
Neither the Republicans nor the Democrats are any closer to establishing how they would fund a total $1trn in US infrastructure investment.
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