Mon, Dec 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Private Equity Strategies

Regs Watch: Brief Updates on Changes in Regulation for Private Equity

Wednesday, June 11, 2014

As journalists like us and lawyers have written ad nauseum, new and ever more regulations are in the pipeline for private equity and alternatives as a whole. Here we will hit on some of the cases of note and provide links to new guidance over the past month.

N.Y. Tightens Rules On Private Equity In Insurance Deals

New York regulators are aiming to strengthen policyholder protection governance of private equity and other acquisitions of insurance companies, especially annuity companies, according to a report in Insurance News.

Private-equity scrutiny deepens after SEC finds illegal fees

Private-equity firms, after decades of operating with limited regulatory scrutiny, are facing possible sanctions and tighter oversight after the Securities and Exchange Commission uncovered improprieties at most firms.

Three Signs the Best Days of Private Equity Are Over

The bits of information that have trickled out about the SEC's findings so far haven't reflected well on private equity, Bloomberg BusinessWeek notes. Could this spell the decline of the industry?

FATCA: why European GPs should beware

At first glance, upcoming regulation FATCA (Foreign Account Tax Compliance Act) appears to have no relevance to those European private equity firms without US investors. However, on closer inspection, the new rules could be more troublesome than ever imagined.

New York considers changes to proposed ERM and ORSA regulation

Based on industry comments, the New York Department of Financial Services is strongly considering making a number of changes to its proposed Regulation 203, concerning Enterprise Risk Management and Own Risk and Solvency Assessment.

Structuring Private Equity Co-Investment Opportunities In Bermuda

Co-investment rights give an investor the ability to make a minority investment, directly or indirectly, in a portfolio company, say offshore specialists from Appleby.

Oregon to Examine Private Equity Fees

The Oregon Investment Council, which manages the state's $87.5 billion in retirement assets, said it is taking a serious look into the matter as the SEC continues to investigate

Q1 Deal Volume Declines

New data from the Private Equity Growth Capital Council shows that US private equity investment deal volume declined 24% in the first quart of this year. Total volume for Q1 came in at $110bn, compared to $144bn in Q4 of 2013.

Riverside's 100th Exit

The Riverside Company completed its 100th exit with the sale of Retail Zoo, an Australian restaurant franchisor. Retail Zoo owns Boost Juice Bars, Salsa's Fresh Mex Grill, Cibo Espresso and Hatch concepts. Riverside acquired Retail Zoo in 2010. The company was sold to Bain Capital, financial terms of the deal were not disclosed. Private Equity Strategies spoke with Riverside in our May issue last year, learning more about their extensive deal origination process. 100 exits seem to suggest they're just as good at selling as buying.

 
This article was published in Opalesque's Private Equity Strategies our monthly research update on the global private equity landscape including all sectors and market caps.
Private Equity Strategies
Private Equity Strategies
Private Equity Strategies
Private Equity Strategies


Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. North America - Why Steve Cohen, Connecticut hedge fund billionaire, gives so much in New York[more]

    From Insidephilantrophy.com: Billionaire Steve Cohen was born in Great Neck, New York before attending Wharton, working on Wall Street and then founding SAC Capital Advisors in Connecticut. Though his company (Point72) and foundation are based in Connecticut, Cohen and Alexandra are deeply connected

  5. Investing - Soros buys a highly speculative biotech in the third quarter[more]

    From Fool.com: …The Soros Fund bought 25,000 shares of the struggling small-cap biopharma Aegerion Pharmaceuticals in the third quarter. For those of you who haven't heard of this name, suffice to say that this was a surprising buy in light of the company's recent problems and poor outlook going for