Regulation
BVCA proposes £500m early-stage funding facility
Submission proposes a bridge funding facility in the form of a convertible loan of up to £5m per company
German VCs call for more Covid-19 startup support
Concerns centre around the profitability criteria, as well as local banks' lack of familiarity with startups' risk profile
UK industry welcomes rescue package, but concerns remain
Package includes £330bn in loans, £20bn in other aid and a postponement of business rates
ILPA mulling Europe-focused legal document Model LPA
Model LPA is designed to reduce complexity, cost and resources required when negotiating fund terms
EU investment firm prudential regime: what managers should know
Unquote sister publication Private Equity Law Report hosts a guest article by two Sidley Austin lawyers
Navigating the UK Senior Managers Regime
Unquote sister publication Private Equity Law Report offers a comprehensive overview
Buyouts soar but Dutch PE remains under scrutiny
NVP's recently released report highlights the buyout market's health, but the industry still faces renewed scrutiny around childcare investments
EC reduces charges for insurers in PE
Insurance companies accounted for just 8% of European private equity fundraising in 2017
French PE readies for wide-ranging economic reforms
PACTE plan currently working its way through parliament could boost ESG and take-privates, in addition to increasing public funding for venture
Italy’s battle with EU raises risks for private equity
Stand-off surrounding Italy's draft 2019 budget threatens to derail recent progress in the country's PE landscape
GP demand remains strong for Luxembourg's RAIFs
Launched two years ago, the fund structure has been well received by the PE community as almost 500 such vehicles have registered in two years
France Invest seeks to capitalise on Macron's reforms
Trade body's newly appointed chair discusses plans to capitalise on reforms and bolster the popularity of the PE ownership model
UK government intervenes in sale of Better's Northern Aerospace
Better Capital agreed to sell the business to former portfolio company Gardner, now Chinese-owned
New regulations set to spur Swedish state pensions investment in PE
Swedish Ministry of Finance presents a proposal to ease investment restrictions for pension funds
ESG bridges business and societal cultural gap in France
French GPs are widely adopting more proactive ESG practices in an effort to reflect the country's cultural mindset
Berlin mulls stricter rules on foreign takeovers
Bundesrat suggests that the government expands its powers for reviewing foreign investments, with likely implications for PE activity in the country
Dutch finance minister hails mature PE market
Wopke Hoekstra recently addressed parliament to endorse a social impact study by the University of Amsterdam, which was supportive of the impact of PE
European Commission launches VentureEU
VentureEU is a venture capital funding programme backed by €410m in fresh funding from the EU
UK autumn budget: industry reactions
VCT and EIS fund managers and trade bodies broadly welcome the autumn budget, as BBB receives an additional £2.5bn in funding
Turkish IPO activity on the rise
Recent flotations could be a sign of what's to come, after the country relaxed its IPO rules
German election: PE assesses likely coalitions
Coalition between CDU and FDP would be more supportive of private equity by nature
ECB leverage guidelines: casting too wide a net?
Debt advisory firm Marlborough Partners warns that the guidelines, as they stand, could impact deals with standard levels of term debt
Germany’s new foreign investment rules raise challenges for PE
Government's adoption of an amendment giving it increased rights of scrutiny could require increased due diligence for private equity houses
French venture expected to flourish under Macron
VCs welcome the arrival of a president who is likely to encourage a more favourable investment landscape