Regulation

Performance fees from the firm's Vintage V fund drove a 20% year-on-year increase in net revenues.

Ludovic Douge, head of secondaries at advisory firm and placement agent Jasmin Capital, discusses FIPs and FCPIs and why an inability to extend the vehicles' lives is spurring restructuring opportunities.

Proskauer's Nigel van Zyl discusses the occasions when an LPA might be renegotiated, in this extract from The LPA Anatomised.

The tax reform passed in January could scupper secondaries deals involving sales from non-US sellers.

The new tax laws brought in a withholding tax on partnership interests held by non-US people. James McCredie of Macfarlanes explains the implications.

The bank's equities portfolio rose 34% in the first quarter, one year after receiving an extension on its Volcker Rule divestment obligations.

Half of the global investors surveyed by Augentius expect market conditions to worsen this year compared with 2017.

The US regulator’s spotlight on ‘Main Street investors’ means private funds enforcement will focus on retail investors with access to non-public investments, according to the law firm.

The agency will start spending less time on new financial regulations, according to its chairman, Jay Clayton.

The House bill includes a proposal to limit interest deductibility, and measures that will increase personal taxes paid by fund managers.