New Regional African Merger Regulation: Impact on Private Equity
22 August 2014The impact of new merger regulations enforced by the Competition Commission (CCC) of the Common Market for Eastern and Southern Africa (COMESA) must be considered by PE investors eyeing potential… Read More
India’s New Corporate Law: Challenges in Structuring Private Equity Investments
22 August 2014India’s corporate laws and exchange control regulations have been notoriously cumbersome in two areas critical to private equity and venture capital investments in Indian companies: capital structuring and distribution of… Read More
The New Brazilian Clean Company Act
22 August 2014The approval of the new Brazilian anti-corruption law (Law nº. 12,846/2013), in force as of January 29, 2014, and more widely known as the Brazilian Clean Company Act, has strongly… Read More
Views from the Field: Denham Capital’s Scott Mackin on Africa’s Energy Landscape and PE Opportunity
8 August 2014Scott Mackin is a Managing Partner and Co-President of Denham Capital, where he heads the firm’s Power team. Denham is an energy- and commodities-focused private investment firm with more than… Read More
CEE and CIS Data Insight (Q1 2014)
7 May 2014CEE and CIS-focused private equity funds raised US$1.5 billion in Q1 2014, surpassing the fundraising total reached for all of 2013. Though CEE-dedicated funds, led by Mid Europa Fund IV… Read More
Private Credit Solutions: Mezzanine Financing in Emerging Markets
5 May 2014What is Emerging Markets Mezzanine Financing? Access to finance is one of the most prevalent challenges facing countless entrepreneurs and business owners across the emerging markets. Local banks have traditionally… Read More
2014 Global Limited Partners Survey
29 April 2014Key findings from the 2014 Global Limited Partners Survey include: 41% of LPs* plan to increase the percentage of their total PE allocation targeted at emerging markets over the next two… Read More
Legal & Regulatory Bulletin – Issue No. 11, Spring 2014
27 April 2014In the spirit of Spring, this Bulletin focuses on growth—in the diversity of fund structures available to investors; in positive reforms in West and Central Africa and in the regulation… Read More
Deal-By-Deal and Pledge Fund Models
27 April 2014A manager seeking to deepen its track record or build a relationship with a prospective investor may seek to raise capital on a deal-by-deal basis or by offering investors a… Read More
Evergreen Alternatives to the 2/20 Term-Limited Fund
27 April 2014As private equity becomes a more significant source of financing in emerging capital markets, particularly in sectors with long-term return horizons such as infrastructure, health, finance and education, private equity… Read More
Reforms to OHADA Commercial Law: Towards a More Attractive Legal Framework for Private Equity
27 April 2014The Organisation pour l'Harmonisation en Afrique du Droit des Affaires (“OHADA”), which translates into English as the “Organisation for the Harmonization of Business Law in Africa” is an exclusively business-related… Read More
New Guidance for Fund Managers on Integrating ESG into the Investment Process
27 April 2014Recognition among private equity investors of the material risks and opportunities posed by environmental, social and governance (ESG) issues has swelled in recent years. As of 2013, more than 130… Read More
Pan-European Fundraising Passport for Venture Capital Firms: the EVCA Guide to the EuVECA
27 April 2014In February 2014, The European Private Equity and Venture Capital Association (EVCA) published an overview of the European Venture Capital Fund Regulation, (“EuVECA”), a July 2013 regulation that grants qualifying… Read More
Legal & Regulatory Briefs – Spring 2014
27 April 2014South Korea Lowers Barriers for Retail Investors Source: Yonhap News Agency, AVCJ, Kim & Chang Legal Newsletter South Korea’s Financial Supervisory Commission will allow domestic retail investors to indirectly invest in… Read More
Inside Perspectives: An Interview with Yichen Zhang of CITIC Capital
1 April 2014Yichen Zhang is the Chairman and Chief Executive Officer of CITIC Capital, an alternative investment management and advisory company with over US$4.5 billion of assets under management across private equity,… Read More