Regulation

Each EU member state has interpreted the marketing requirements of the directive differently, creating barriers to cross-border distribution, Brussels consultation told.

Friday’s hung parliament election result means British private equity faces a challenging road ahead.

A hung parliament may mean more uncertainty in the short term, but opens up the possibility of a favourable deal for the financial sector.

Dealmakers, fundraisers and industry representatives agree that Europe’s largest private equity market needs a clear path forward.

Inspections by the Danish financial services authorities will become more frequent following ‘concerns’ about the alternatives investment skills of pension funds.

Just under half of European fund managers are considering domiciling their next fund in the country.

The private funds manager will continue to have a London presence post-Brexit.

Two years on, the Capital Markets Union has been good news for private equity, but there are more barriers to break down, says Anna Lekston, head of public affairs for Invest Europe.

Carried interest will be taxed as capital gains, rather than at the higher rate of income, provided fund managers meet three conditions.

The private equity firm wants to have a European presence following Brexit.