Nicole Miskelly

The Financial Conduct Authority has introduced proposals which are likely to lower the failure rate of IPOs, which may encourage private equity firms to pursue more dual-track processes.

The promotion of Sabine Mathis from chief financial officer to partner follows the financial specialist firm’s close of its second fund in February.

Blackstone’s senior managing director of investor relations Carol Kim has been promoted to chief operating officer of investor relations for Asia Pacific amid a number of changes in the firm’s management structure in the region.

The European private equity firm has made promotions in France and Italy across its healthcare, food and consumer and general industrials teams, as it continues to invest its sixth fund.

In the wake of the Panama Leaks, the Cayman Islands, Jersey and Guernsey have moved to distance themselves from the vast leak of confidential information that has drawn widespread attention to so-called ‘tax havens’.

The Vietnamese private equity firm was advised by offshore law firm Carey Olsen on moving its fund from the Cayman Islands to Guernsey.

The German firm has reached first close for its third private equity fund of funds.

The law firm is seeking to connect with its clients and peer firms about the main topics affecting women in business.

Investments exited in under three years will be taxed as income rather than capital gains. The Chancellor also announced plans to limit how much interest expense companies can deduct from their tax bills.

As partnership expenses come under the spotlight, fund costs such as AIFMD reporting are increasingly becoming areas of contention between LPs and GPs.