Brexit

Director General Tim Hames said May offered a ‘new level of clarity’ on Brexit.

In an exclusive interview with Private Equity International, PAI CEO Michel Paris said large corporations paying little tax is ‘not acceptable’.

New research shows 98% of investors anticipate a significant market downturn within the next three years.

The head of absolute return and buyout investments at The Wellcome Trust reminds GPs that LPs are looking for a partnership, and that ‘short term greed can destroy a long term relationship’.

Britain’s referendum on EU membership dominated discussion in Europe this year.

More than a third of limited partners believe a hard Brexit would lower European private equity returns, a survey finds.

The Switzerland-headquartered asset manager has hired former Nomura, EBRD and Pomona execs as part of a ‘considered push’ to strengthen its European team.

The UK chancellor also confirmed changes to corporation tax rules will come into effect in April.

The firm now has $547m to deploy for its ‘strategic secondaries’ fund, which targets GP-led transactions.

UK trade minister Mark Garnier said on Wednesday the UK is likely to lose its financial passporting rights as a result of Brexit, but research suggests the alternatives industry would be relatively unscathed.