Regulation
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
Nordic market awakes from slumber
Trio of large-cap deals in June spark life into region's buyout market with dealflow more than doubling compared to the previous month
Brexit one year on: Flight to Luxembourg?
Many firms are keeping their options open with regards to future headquarters and fund domiciling, though some are looking to Luxembourg
Nordic Capital employees to appeal tax ruling
First step involves seeking leave to appeal the April rulings, which shocked the local industry
EU agrees new rules to foster venture investments
Proposals extend the range of eligible managers, tweak the scope of investments and limit host country fees
What the UK's general election could mean for private equity
Britain's looming snap general election on 8 June presents investors with two very different potential outlooks
Italy cuts taxes on carry to win Brexit business
Amid increasing competition across Europe, Italy reduces tax on carry in a bid to lure UK fund managers
UK clarifies permitted relationships between LPs and GPs
Changes to limited partnership act could render UK-domiciled funds more attractive to investors that have not previously invested in such funds
Swedish PE industry reeling from carry tax verdict
Latest twist in the long-running carried interest taxation saga in Sweden could leave the local industry facing months of uncertainty