Regulation

Fund managers may be placing themselves at a disadvantage by pulling back their compliance efforts, an asset management lawyer says.

Michael Piwowar may remove government lawyers’ power to open investigations without seeking approval from commissioners.

The former head of the Securities and Exchange Commission will become senior chairwoman at the global law firm.

Michael Collins, chief executive of Invest Europe, on the challenge that populist politics presents to the private equity industry.

At the recent PEI CFO and COO Forum in New York, we asked the Fed’s former commander-in-chief about matters of importance to the alternative assets industry following his keynote speech.

Investors in the same fund are getting different terms on co-investments, according to a survey of deals by law firm MJ Hudson.

Trump’s Friday executive order called for a review of the rule which hinders big banks investing in private equity funds.

Goldman Sachs’s fund investments subject to the Volcker Rule stood at $6.5bn at the end of 2016, and the bank is still awaiting approval for its latest extension request.

Many in US private equity are desperately hoping for far-reaching regulatory relief under President Trump – but only mildly optimistic that it will actually happen.

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