Kevin Ley

A new survey of private equity professionals showed across-the-board decreases in compensation – mainly in the form of bonus cuts – for the first time in a decade, with private equity fund funds taking the biggest hit.

Sweden is introducing changes to a proposed EU directive that, if passed, would curb compensation for hedge fund and private equity managers by up to 60 percent in some cases.

Hopes of a sustained recovery in the market were raised after Q2 figures showed the first increase in fund values since 2007, but recent history indicates that valuations may have to go through another period of declines before that happens.

Early stage investors choosing to restructure as SBICs would avoid pending US regulation and gain the government as an LP, but should prepare for a rigorous registration process, writes Kevin Ley.

Representatives from the £13 billion Wellcome Trust and the UK Financial Services Authority testified before the UK House of Lords Tuesday about the potentially painful impacts from EU fund manager regulations, including loss of access to funds and marketing restrictions. House members said they would address such concerns in upcoming meetings with the European Commission.

The European Central Bank has become the latest influential group to raise concerns over negative consequences that proposed regulations could have on Europe’s private equity industry.

The AIFM Directive is among proposed regulations that may harm London's position as a financial centre, according to research that has Boris Johnson on the offensive.

The UK regulator has found that fund managers may incur billions in compliance costs, while EU investors would lose access to some managers, should the AIFM Directive be passed.

Gustavo Eiben will oversee the emerging markets-focused firm’s expanding investor base in the region.

While recent changes to French tax rules bring the country closer to the rest of the world regarding carried interest, a delay in announcing expected clarifications is leaving many managers wondering how to best structure funds.