AIFMD vote delayed yet again
The vote, initially scheduled for the week of 20 September, is now likely to take place in October, according to a French senior lawmaker.
The delay is once again attributed to disagreements over the third country rule, one of the main points of contention in the proposed European regulation of hedge funds and private equity investments.
Rapporteur Jean-Paul Gauzès said he now hoped to reach agreement on a text before a session of the European Parliament in early October. "It could be in Brussels on October 6 and 7, or in Strasbourg at the end of the month" said Gauzès.
Click here for John Bakie's report on the latest changes to the AIFM Directive
More on Regulation
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
CMA scrutiny of high-leverage PE divestment purchases expected to increase
PE could stand to lose its historic advantage with heightened regulatory baggage
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
Exponent establishes Ireland presence following regulatory approval
UK-based sponsor cited factors, including new fund manager legislation, as grounds for its new Dublin base
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater