Actis helped Umeme secure a US$25 million loan from IFC. Company Headquarters: Uganda Business focus: Distribution of electrical power Growth: Since 2005, Umeme has added more than 100,000 new customers and currently connects over 50,000 new customers yearly impact highlights With support from Actis, Umeme has connected more… Read More
Global Environment Fund (GEF) holds a 75% majority stake in NEOgás. Company Headquarters: Brazil Business focus: Provides compressed natural gas service to off-pipeline customers Growth: NEOgás currently delivers compressed natural gas to 56 clients Employees: 110 in Brazil and Peru impact highlights GEF facilitated a change in… Read More
Cordiant Capital invested in Banro via a US$13 million PIPE transaction. Company Headquarters: Democratic Republic of the Congo Business focus: Gold exploration and development Revenue: Stock market cap of US$900 million Employees: Banro is one of the largest private employers in the region with 3,300 employees impact… Read More
EMPEA, on behalf of its 290 member firms, submitted comments on the draft SEBI (Alternative Investment Funds) Regulations 2011 issued on August 1, 2011. Read More
in this issue SEC Adopts Final Dodd-Frank Adviser Registration Rules: Guidance for Non-U.S. Advisers Solomon Wifa, O’Melveny & Myers; and Kem Ihenacho, Clifford Chance The European AIFMD: What are the Main Issues for EMPEA Members? Kem Ihenacho, Clifford Chance; and Simon Witney, SJ Berwin The… Read More
This note weighs the merits of the limited partnership and limited company structures, with particular attention to the impact of recent EU and U.S. regulatory developments on fund structuring decisions as well as key considerations for managers seeking to raise capital from development finance institutions (DFIs). Read More
This note details the final rules on exempted advisers, including foreign private advisers, and explains the reporting requirements for non-U.S. advisers that do not qualify for the full exemption. Read More
This article draws comparisons with the U.S. FCPA provisions and details what additional measures will be required under the recently passed UK Bribery Act, particularly with regard to exposure via third parties. Read More
This briefing on the implications for EM PE fund managers includes a timeline for the implementation of marketing provisions across the multiple permutations of manager and fund geographies. Read More
EMPEA, on behalf of its members submitted comments on the consultation paper entitled “A New European Regime for Venture Capital” issued by the Internal Market and Services Section of the European Commission on 15 June 2011. Read More
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