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Institutional investors gave their take on the ins and outs of the impact investing market at the Impact Investor Global Summit in London.
While impact and Article 9 should not be conflated, SFDR is influencing impact funds’ processes and priorities, as well as LP expectations, say Cority’s Anne Matusewicz and Giorgia Davidovic.
'The rules overall are a step forward for the industry but there are some unique intricacies to look at regarding the transparencies we are used to,' says a member of the system’s investment staff.
In the wake of the most sweeping regulations since the financial crisis, Gensler was grilled this week by members of the Senate’s Banking, Housing and Urban Development committee about the new private fund rules.
GPs expected smoother fundraising efforts towards the end of the year. That’s looking less likely with the US regulator’s private funds reform.
The SEC's enhanced reporting obligations could significantly increase compliance and reporting costs that will be borne by the fund, lawyers warn.
The SEC’s vote last week that makes third-party opinions in continuation fund transactions mandatory was a practice already becoming a market norm.
An investor’s right to negotiate one-on-one competitive terms with its GPs were among the raft of proposals voted on this week.
With the private funds compliance rule expected to land next week, the SEC could be about to reshape the industry.
Buying assets is 'not as big of an issue' as exits, Blackstone's president and COO said on the firm's latest quarterly earnings call.