All Insights
Private Market Valuation Practices Under Scrutiny: UK and EU regulators Tighten the Reins
Private markets have grown significantly in recent years with the UK continuing to be the largest centre for private market asset management in Europe. In recent developments, financial regulators in the UK and EU have intensified their oversight of private market valuation practices, aiming to enhance transparency and protect investors against potential conflicts of interest. […]
Learn more
IFA News, Regulatory and Conference Highlights – June 2024
News Preqin is currently exploring the possibility a sale. Goldman Sachs has raised USD13.1bn for its senior direct lending fund, West Street Loan Partners V. Takeaways from the Milken Conference: there was renewed focus on Middle Eastern fund managers; there was continued discussion surrounding consolidation in the private capital market with David Solomon, CEO of […]
Learn more
Pass-Through Expenses
The previous decade of fund-raising has seen consistent downward pressure from investors leading to reduced management fees across the private capital industry. However, recent data from Preqin1; has suggested that we are potentially seeing a return to the time-honoured maxim of “2 and 20” applied to private funds, on the closed-ended side of the industry. […]
Learn more
A New Frontier for Fund Finance: Ratings for Subscription Line Facilities
A New Frontier for Fund Finance: Ratings for Subscription Line Facilities The subscription line facility market has increased substantially – estimates suggest that 90% of newly launched European closed ended funds plan to use subscription line financing and that the market has nearly doubled between 2017 and 20221. This rate of growth in the market […]
Learn more
The SEC’s New Rule 13f-2
The SEC has adopted a new rule 17 CFR 240.13f-2 (“Rule 13f-2”) to require institutional investment managers to report short positions and activity data for their equity securities. The SEC plans to aggregate and publish the filed shorting data within a month of each reporting period on an anonymous basis. Rule 13f-2 shall be effective […]
Learn more