Kevin Ley

A controversial provision that was removed from the AIFM Directive when Sweden held the EU presidency has been reinstated by Spain.

The pension is committing $100m to GPs focused on inner-city and rural markets at a time when SME capital is in 'short supply', says CIO Chris Ailman.

In relation to the pay-to-play scandal, Ares and Freeman Spogli have signed on to New York Attorney General Andrew Cuomo’s code of conduct that prohibits the use of placement agents.

The Canadian penion will access the SME market - and boost flagging domestic fundraising figures - by committing to a programme managed by Northleaf Capital.

The country is seeking to become more aligned with global standards regarding private equity fund establishment and operation, although US firms still may be hit with a new capital gains tax on exits.

Proposed EU regulations covering the private equity industry have received more than 1,000 demands for amendments by MEPs, indicating that the process of achieving a final bill could stretch on even longer.

The firm is partnering with Jonathan Grayer, a former CEO of an education-focused company, to find investments in education, consumer services and marketing.

Former GoldenTree partner Oliver Wriedt is joining the firm’s capital markets group, which was created in 2008 by former Deutsche Bank Securities CEO Thomas Gahan.

Former GoldenTree partner Oliver Wriedt is joining the firm’s Capital Markets Group, which was created in 2008 by former Deutsche Bank Securities CEO Thomas Gahan to invest in the debt of media- and communications-focused companies.

Mezzanine and distressed debt funds led the pack with the best average returns in the third quarter of 2009 as the State Street Private Equity Index showed a second consecutive period of growth.