Regulation - Industry - Unquote Regulation - Industry EU FSR could impact PE fundraising with potential rise in ‘clean funds’ FSR could lead GPs to create funds without foreign LPs; red tape around sovereign wealth funds likely https://www.unquote.com/IMG/158/29158/eu-regulations-web-185x114.jpeg https://www.unquote.com/unquote/analysis/3029929/eu-fsr-could-impact-pe-fundraising-with-potential-rise-in-clean-funds https://www.unquote.com/unquote/analysis/3029929/eu-fsr-could-impact-pe-fundraising-with-potential-rise-in-clean-funds https://www.unquote.com/unquote/analysis/3029929/eu-fsr-could-impact-pe-fundraising-with-potential-rise-in-clean-funds Fri, 01 Sep 2023 10:39:00 +0100 CMA scrutiny of high-leverage PE divestment purchases expected to increase PE could stand to lose its historic advantage with heightened regulatory baggage https://www.unquote.com/IMG/122/29122/british-flag-big-ben-web-185x114.jpeg https://www.unquote.com/uk/analysis/3029865/cma-scrutiny-of-high-leverage-pe-divestment-purchases-expected-to-increase https://www.unquote.com/uk/analysis/3029865/cma-scrutiny-of-high-leverage-pe-divestment-purchases-expected-to-increase https://www.unquote.com/uk/analysis/3029865/cma-scrutiny-of-high-leverage-pe-divestment-purchases-expected-to-increase Mon, 21 Aug 2023 12:08:25 +0100 EU Foreign Subsidies rules hold specific challenges for PE Sovereign wealth funds and pension funds commitments may trigger EC attention under new EU foreign subsidies regulation https://www.unquote.com/IMG/669/13669/eu-flags-185x114.jpg https://www.unquote.com/unquote/analysis/3029480/eu-foreign-subsidies-rules-hold-specific-challenges-for-pe https://www.unquote.com/unquote/analysis/3029480/eu-foreign-subsidies-rules-hold-specific-challenges-for-pe https://www.unquote.com/unquote/analysis/3029480/eu-foreign-subsidies-rules-hold-specific-challenges-for-pe Thu, 22 Jun 2023 17:43:12 +0100 Exponent establishes Ireland presence following regulatory approval UK-based sponsor cited factors, including new fund manager legislation, as grounds for its new Dublin base https://www.unquote.com/IMG/802/27802/samuel-beckett-bridge-dublin-ireland-web-185x114.jpeg https://www.unquote.com/uk/news/3029230/exponent-establishes-ireland-presence-following-regulatory-approval https://www.unquote.com/uk/news/3029230/exponent-establishes-ireland-presence-following-regulatory-approval https://www.unquote.com/uk/news/3029230/exponent-establishes-ireland-presence-following-regulatory-approval Mon, 15 May 2023 13:18:57 +0100 PE roll-up strategies face regulatory heat with focus on consumer industries With longer holding periods facilitating more bolt-ons, regulators including the UK's CMA are intervening https://www.unquote.com/IMG/624/28624/building-blocks-web-185x114.jpeg https://www.unquote.com/unquote/analysis/3029034/pe-roll-up-strategies-face-regulatory-heat-with-focus-on-consumer-industries https://www.unquote.com/unquote/analysis/3029034/pe-roll-up-strategies-face-regulatory-heat-with-focus-on-consumer-industries https://www.unquote.com/unquote/analysis/3029034/pe-roll-up-strategies-face-regulatory-heat-with-focus-on-consumer-industries Wed, 12 Apr 2023 11:01:35 +0100 Unquote Private Equity Podcast: What’s next for ESG – Fedrigoni case study Harriet Matthews is joined by colleague William Cain to discuss ESG investing amid macro clouds and interviews Bain’s Ivano Sessa about the sustainability strategy for one of the sponsor's portfolio companies https://www.unquote.com/IMG/980/21980/unquote-podcast-logo-rgb-185x114.png https://www.unquote.com/unquote/analysis/3028830/unquote-private-equity-podcast-what-s-next-for-esg-fedrigoni-case-study https://www.unquote.com/unquote/analysis/3028830/unquote-private-equity-podcast-what-s-next-for-esg-fedrigoni-case-study https://www.unquote.com/unquote/analysis/3028830/unquote-private-equity-podcast-what-s-next-for-esg-fedrigoni-case-study Fri, 10 Mar 2023 13:14:00 +0000 PE ‘roll-ups’ merit Article 22 scrutiny, says Dutch agency head - Keystone Brussels Martijn Snoep said that small local or regional acquisitions often fall below filing thresholds https://www.unquote.com/IMG/568/22568/building-blocks-185x114.jpeg https://www.unquote.com/unquote/news/3028793/pe-roll-ups-merit-article-22-scrutiny-says-dutch-agency-head-keystone-brussels https://www.unquote.com/unquote/news/3028793/pe-roll-ups-merit-article-22-scrutiny-says-dutch-agency-head-keystone-brussels https://www.unquote.com/unquote/news/3028793/pe-roll-ups-merit-article-22-scrutiny-says-dutch-agency-head-keystone-brussels Thu, 02 Mar 2023 15:59:19 +0000 German health minister’s 'locust sponsors' comments spook live healthcare deals New entrants scared by remarks on limiting profits; existing investors expected to rush to complete bolt-ons https://www.unquote.com/IMG/016/28016/germany-healthcare-web-185x114.jpeg https://www.unquote.com/dach/analysis/3028546/german-health-minister-s-locust-sponsors-comments-spook-live-healthcare-deals https://www.unquote.com/dach/analysis/3028546/german-health-minister-s-locust-sponsors-comments-spook-live-healthcare-deals https://www.unquote.com/dach/analysis/3028546/german-health-minister-s-locust-sponsors-comments-spook-live-healthcare-deals Wed, 25 Jan 2023 11:26:19 +0000 EU’s pending foreign subsidies rules put PE deals in the spotlight M&A from funds backed by Chinese and Middle Eastern investors likely to be the focus of enforcement https://www.unquote.com/IMG/669/13669/eu-flags-185x114.jpg https://www.unquote.com/unquote/analysis/3028025/eu-s-pending-foreign-subsidies-rules-put-pe-deals-in-the-spotlight https://www.unquote.com/unquote/analysis/3028025/eu-s-pending-foreign-subsidies-rules-put-pe-deals-in-the-spotlight https://www.unquote.com/unquote/analysis/3028025/eu-s-pending-foreign-subsidies-rules-put-pe-deals-in-the-spotlight Thu, 20 Oct 2022 10:22:00 +0100 Q&A: BVCA’s VC committee chair on the current outlook for venture capital Andrew Williamson discusses the UK VC market and investing in the current macroeconomic environment https://www.unquote.com/IMG/710/27710/andrew-williamson-2022-web-185x114.jpeg https://www.unquote.com/uk/analysis/3028000/q-a-bvca-s-vc-committee-chair-on-the-current-outlook-for-venture-capital https://www.unquote.com/uk/analysis/3028000/q-a-bvca-s-vc-committee-chair-on-the-current-outlook-for-venture-capital https://www.unquote.com/uk/analysis/3028000/q-a-bvca-s-vc-committee-chair-on-the-current-outlook-for-venture-capital Tue, 18 Oct 2022 13:11:16 +0100 Investindustrial sets SBTs for emissions GP has also committed to achieving net zero greenhouse gas emissions in its funds https://www.unquote.com/IMG/504/12504/pollution-web-185x114.jpeg https://www.unquote.com/uk/news/3025451/investindustrial-sets-sbts-for-emissions https://www.unquote.com/uk/news/3025451/investindustrial-sets-sbts-for-emissions https://www.unquote.com/uk/news/3025451/investindustrial-sets-sbts-for-emissions Tue, 09 Nov 2021 12:06:58 +0000 Less than half of UK GPs report in detail on ESG impact – survey Advisory firm BDO reviewed the ESG policies of 100 private equity firms with UK operations https://www.unquote.com/IMG/473/22473/consultant-reports-web-185x114.jpeg https://www.unquote.com/uk/news/3025256/less-than-half-of-uk-gps-report-in-detail-on-esg-impact-survey https://www.unquote.com/uk/news/3025256/less-than-half-of-uk-gps-report-in-detail-on-esg-impact-survey https://www.unquote.com/uk/news/3025256/less-than-half-of-uk-gps-report-in-detail-on-esg-impact-survey Mon, 18 Oct 2021 11:14:58 +0100 EQT sets science-based emissions targets GP has set forward-looking targets for greenhouse gas emissions reduction by 2030 https://www.unquote.com/IMG/771/11771/warning-leaves-web-185x114.jpeg https://www.unquote.com/nordics/news/3025236/eqt-sets-science-based-emissions-targets https://www.unquote.com/nordics/news/3025236/eqt-sets-science-based-emissions-targets https://www.unquote.com/nordics/news/3025236/eqt-sets-science-based-emissions-targets Thu, 14 Oct 2021 12:19:09 +0100 Unquote Private Equity Podcast: Jersey strikes the balance Head of funds Elliot Refson discusses the blend of innovation and stability that the island offers to private equity https://www.unquote.com/IMG/980/21980/unquote-podcast-logo-rgb-185x114.png https://www.unquote.com/uk/analysis/3022027/unquote-private-equity-podcast-jersey-strikes-the-balance https://www.unquote.com/uk/analysis/3022027/unquote-private-equity-podcast-jersey-strikes-the-balance https://www.unquote.com/uk/analysis/3022027/unquote-private-equity-podcast-jersey-strikes-the-balance Thu, 03 Dec 2020 10:58:02 +0000 Guernsey Finance launches fast-track applications for managers Scheme aims to allow fund managers with funds not registered in whitelisted jurisdictions to migrate https://www.unquote.com/IMG/831/11831/guernsey-web-185x114.jpg https://www.unquote.com/uk/news/3019796/guernsey-finance-launches-fast-track-applications-for-managers https://www.unquote.com/uk/news/3019796/guernsey-finance-launches-fast-track-applications-for-managers https://www.unquote.com/uk/news/3019796/guernsey-finance-launches-fast-track-applications-for-managers Mon, 15 Jun 2020 12:19:08 +0100 Guernsey Finance launches green PE principles Four key principles to mitigate climate change at every investment stage and within GP boards https://www.unquote.com/IMG/386/17386/green-handshake-185x114.jpeg https://www.unquote.com/unquote/news/3019586/guernsey-finance-launches-green-pe-principles https://www.unquote.com/unquote/news/3019586/guernsey-finance-launches-green-pe-principles https://www.unquote.com/unquote/news/3019586/guernsey-finance-launches-green-pe-principles Mon, 01 Jun 2020 11:56:06 +0100 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 https://www.unquote.com/IMG/727/19727/pounds-new-coins-2-web-185x114.jpeg https://www.unquote.com/uk/news/3018925/bvca-proposes-gbp500m-early-stage-funding-facility https://www.unquote.com/uk/news/3018925/bvca-proposes-gbp500m-early-stage-funding-facility https://www.unquote.com/uk/news/3018925/bvca-proposes-gbp500m-early-stage-funding-facility Tue, 07 Apr 2020 12:00:00 +0100 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 https://www.unquote.com/IMG/097/24097/sparkasse-web-185x114.jpeg https://www.unquote.com/dach/analysis/3018760/german-vcs-call-for-more-covid-19-startup-support https://www.unquote.com/dach/analysis/3018760/german-vcs-call-for-more-covid-19-startup-support https://www.unquote.com/dach/analysis/3018760/german-vcs-call-for-more-covid-19-startup-support Wed, 25 Mar 2020 11:06:00 +0000 UK industry welcomes rescue package, but concerns remain Package includes £330bn in loans, £20bn in other aid and a postponement of business rates https://www.unquote.com/IMG/056/24056/rishi-sunak-185x114.jpeg https://www.unquote.com/uk/news/3018697/chancellor-announces-gbp350bn-package-for-uk-economy https://www.unquote.com/uk/news/3018697/chancellor-announces-gbp350bn-package-for-uk-economy https://www.unquote.com/uk/news/3018697/chancellor-announces-gbp350bn-package-for-uk-economy Thu, 19 Mar 2020 11:42:00 +0000 ILPA mulling Europe-focused legal document Model LPA Model LPA is designed to reduce complexity, cost and resources required when negotiating fund terms https://www.unquote.com/IMG/397/16397/consultant-web-185x114.jpeg https://www.unquote.com/unquote/news/3017060/ilpa-mulling-europe-focused-legal-document-model-lpa https://www.unquote.com/unquote/news/3017060/ilpa-mulling-europe-focused-legal-document-model-lpa https://www.unquote.com/unquote/news/3017060/ilpa-mulling-europe-focused-legal-document-model-lpa Fri, 01 Nov 2019 11:07:00 +0000 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 https://www.unquote.com/IMG/663/12663/legal-justice-scales-185x114.jpeg https://www.unquote.com/unquote/research/3016875/eu-investment-firm-prudential-regime-what-managers-should-know https://www.unquote.com/unquote/research/3016875/eu-investment-firm-prudential-regime-what-managers-should-know https://www.unquote.com/unquote/research/3016875/eu-investment-firm-prudential-regime-what-managers-should-know Thu, 17 Oct 2019 11:02:03 +0100 Navigating the UK Senior Managers Regime Unquote sister publication Private Equity Law Report offers a comprehensive overview https://www.unquote.com/IMG/663/12663/legal-justice-scales-185x114.jpeg https://www.unquote.com/uk/research/3015648/navigating-the-uk-senior-managers-regime https://www.unquote.com/uk/research/3015648/navigating-the-uk-senior-managers-regime https://www.unquote.com/uk/research/3015648/navigating-the-uk-senior-managers-regime Thu, 11 Jul 2019 15:45:20 +0100 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 https://www.unquote.com/IMG/804/20804/netherlands-flag-web-185x114.jpeg https://www.unquote.com/benelux/analysis/3014801/buyouts-soar-but-dutch-pe-remains-under-scrutiny https://www.unquote.com/benelux/analysis/3014801/buyouts-soar-but-dutch-pe-remains-under-scrutiny https://www.unquote.com/benelux/analysis/3014801/buyouts-soar-but-dutch-pe-remains-under-scrutiny Fri, 10 May 2019 09:51:19 +0100 EC reduces charges for insurers in PE Insurance companies accounted for just 8% of European private equity fundraising in 2017 https://www.unquote.com/IMG/084/18084/european-central-bank-web-185x114.jpeg https://www.unquote.com/unquote/news/3014092/ec-reduces-charges-for-insurers-in-pe https://www.unquote.com/unquote/news/3014092/ec-reduces-charges-for-insurers-in-pe https://www.unquote.com/unquote/news/3014092/ec-reduces-charges-for-insurers-in-pe Tue, 12 Mar 2019 10:15:00 +0000 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 https://www.unquote.com/IMG/428/19428/france-flag-business-web-185x114.jpeg https://www.unquote.com/france/analysis/3013978/french-pe-readies-for-wide-ranging-economic-reforms https://www.unquote.com/france/analysis/3013978/french-pe-readies-for-wide-ranging-economic-reforms https://www.unquote.com/france/analysis/3013978/french-pe-readies-for-wide-ranging-economic-reforms Mon, 04 Mar 2019 11:40:01 +0000 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 https://www.unquote.com/IMG/813/21813/italy-europe-185x114.jpeg https://www.unquote.com/southern-europe/analysis/3012735/italy-s-battle-with-eu-raises-risks-for-private-equity https://www.unquote.com/southern-europe/analysis/3012735/italy-s-battle-with-eu-raises-risks-for-private-equity https://www.unquote.com/southern-europe/analysis/3012735/italy-s-battle-with-eu-raises-risks-for-private-equity Mon, 26 Nov 2018 11:13:19 +0000 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 https://www.unquote.com/IMG/850/17850/luxembourg-web-185x114.jpeg https://www.unquote.com/benelux/analysis/3012122/gp-demand-remains-strong-for-luxembourgs-raifs https://www.unquote.com/benelux/analysis/3012122/gp-demand-remains-strong-for-luxembourgs-raifs https://www.unquote.com/benelux/analysis/3012122/gp-demand-remains-strong-for-luxembourgs-raifs Thu, 11 Oct 2018 09:58:10 +0100 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 https://www.unquote.com/IMG/929/20929/dominique-gaillard-2018-185x114.jpeg https://www.unquote.com/france/analysis/3010517/france-invest-seeks-to-capitalise-on-macrons-reforms https://www.unquote.com/france/analysis/3010517/france-invest-seeks-to-capitalise-on-macrons-reforms https://www.unquote.com/france/analysis/3010517/france-invest-seeks-to-capitalise-on-macrons-reforms Thu, 21 Jun 2018 10:34:00 +0100 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 https://www.unquote.com/IMG/103/13103/plane-sunset-web-185x114.jpg https://www.unquote.com/uk/news/3010493/uk-government-intervenes-in-sale-of-betters-northern-aerospace https://www.unquote.com/uk/news/3010493/uk-government-intervenes-in-sale-of-betters-northern-aerospace https://www.unquote.com/uk/news/3010493/uk-government-intervenes-in-sale-of-betters-northern-aerospace Wed, 20 Jun 2018 09:47:35 +0100 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 https://www.unquote.com/IMG/053/14053/turning-torso-web-185x114.jpeg https://www.unquote.com/nordics/news/3010362/new-regulations-set-to-spur-swedish-state-pensions-investment-in-pe https://www.unquote.com/nordics/news/3010362/new-regulations-set-to-spur-swedish-state-pensions-investment-in-pe https://www.unquote.com/nordics/news/3010362/new-regulations-set-to-spur-swedish-state-pensions-investment-in-pe Tue, 12 Jun 2018 11:49:58 +0100 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 https://www.unquote.com/IMG/205/16205/energy-saving-web-185x114.jpeg https://www.unquote.com/france/analysis/3010242/esg-bridges-business-and-societal-cultural-gap-in-france https://www.unquote.com/france/analysis/3010242/esg-bridges-business-and-societal-cultural-gap-in-france https://www.unquote.com/france/analysis/3010242/esg-bridges-business-and-societal-cultural-gap-in-france Wed, 06 Jun 2018 10:49:22 +0100 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 https://www.unquote.com/IMG/063/17063/reichstag-web-185x114.jpeg https://www.unquote.com/dach/analysis/3009823/berlin-mulls-stricter-rules-on-foreign-takeovers https://www.unquote.com/dach/analysis/3009823/berlin-mulls-stricter-rules-on-foreign-takeovers https://www.unquote.com/dach/analysis/3009823/berlin-mulls-stricter-rules-on-foreign-takeovers Wed, 09 May 2018 10:27:00 +0100 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 https://www.unquote.com/IMG/588/20588/wopke-hoekstra-185x114.jpeg https://www.unquote.com/benelux/analysis/3009717/dutch-finance-minister-hails-mature-pe-market https://www.unquote.com/benelux/analysis/3009717/dutch-finance-minister-hails-mature-pe-market https://www.unquote.com/benelux/analysis/3009717/dutch-finance-minister-hails-mature-pe-market Wed, 02 May 2018 10:30:00 +0100 European Commission launches VentureEU VentureEU is a venture capital funding programme backed by €410m in fresh funding from the EU https://www.unquote.com/IMG/378/15378/eu-flags-web2-185x114.jpg https://www.unquote.com/private-equity-europe/official-record/3009402/european-commission-launches-ventureeu https://www.unquote.com/private-equity-europe/official-record/3009402/european-commission-launches-ventureeu https://www.unquote.com/private-equity-europe/official-record/3009402/european-commission-launches-ventureeu Tue, 10 Apr 2018 12:03:00 +0100 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 https://www.unquote.com/IMG/368/17368/philip-hammond-web-185x114.jpg https://www.unquote.com/uk/analysis/3007608/uk-autumn-budget-industry-reactions https://www.unquote.com/uk/analysis/3007608/uk-autumn-budget-industry-reactions https://www.unquote.com/uk/analysis/3007608/uk-autumn-budget-industry-reactions Thu, 23 Nov 2017 11:28:00 +0000 Turkish IPO activity on the rise Recent flotations could be a sign of what's to come, after the country relaxed its IPO rules https://www.unquote.com/IMG/288/16288/turkey-web-185x114.jpeg https://www.unquote.com/cee/analysis/3006836/turkish-ipo-activity-on-the-rise https://www.unquote.com/cee/analysis/3006836/turkish-ipo-activity-on-the-rise https://www.unquote.com/cee/analysis/3006836/turkish-ipo-activity-on-the-rise Tue, 03 Oct 2017 11:19:54 +0100 German election: PE assesses likely coalitions Coalition between CDU and FDP would be more supportive of private equity by nature https://www.unquote.com/IMG/176/19176/angela-merkel-2017-web-185x114.jpeg https://www.unquote.com/dach/analysis/3006664/german-election-pe-assesses-likely-coalitions https://www.unquote.com/dach/analysis/3006664/german-election-pe-assesses-likely-coalitions https://www.unquote.com/dach/analysis/3006664/german-election-pe-assesses-likely-coalitions Thu, 21 Sep 2017 10:07:34 +0100 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 https://www.unquote.com/IMG/084/18084/european-central-bank-web-185x114.jpeg https://www.unquote.com/unquote/analysis/3006120/ecb-leverage-guidelines-casting-too-wide-a-net https://www.unquote.com/unquote/analysis/3006120/ecb-leverage-guidelines-casting-too-wide-a-net https://www.unquote.com/unquote/analysis/3006120/ecb-leverage-guidelines-casting-too-wide-a-net Wed, 09 Aug 2017 09:36:00 +0100 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 https://www.unquote.com/IMG/506/15506/bradenburg-web-185x114.jpg https://www.unquote.com/dach/analysis/3005989/germany-s-new-foreign-investment-rules-raise-challenges-for-pe https://www.unquote.com/dach/analysis/3005989/germany-s-new-foreign-investment-rules-raise-challenges-for-pe https://www.unquote.com/dach/analysis/3005989/germany-s-new-foreign-investment-rules-raise-challenges-for-pe Mon, 31 Jul 2017 10:30:00 +0100