Shanghai’s Official Launch of QFLP Pilot Program
24 January 2011In January 2011, Shanghai launched the Pilot Program of Foreign-Invested Equity Investment Enterprises (the QFLP Program), an important step in the Chinese government's effort to gradually loosen restrictions on offshore… Read More
New Rules Extend Opportunities for Foreign Private Equity in Shanghai
19 January 2011In late December 2010, Shanghai authorities issued comprehensive regulations that clarify how foreign PE fund managers and investors can participate under the pilot QFLP (Qualified Foreign Limited Partner) program first… Read More
The Missing Link – AIFMD and Third Countries
14 January 2011On November 11, 2010 the European Parliament and Commission approved the Belgian Presidency's proposed AIFM Directive. The Directive should come into force by mid-2011 and Member States will be required… Read More
RMB Funds: An Updated Legal and Tax Wish List
1 January 2011Over the course of the past year China has introduced several noteworthy regulatory changes concerning RMB funds. Weil's commentary summarizes these developments, addresses ongoing impediments to the further development of… Read More
EM PE Review – Volume VI, Issue 4
21 December 2010In this issue Articles Exit via IPO in China (Ergo Study Excerpt) Inside Perspectives: An Interview with Baring Private Equity Asia’s Jean Eric Salata Regulatory Update (AIFM Directive) The Impact… Read More
The Impact of the Dodd-Frank Act on Investment Adviser Registration in the U.S.
20 December 2010The following is a summary of key issues discussed during an EMPEA Webcast held 17 November with Weil, Gotshal & Manges LLP. Approximately 140 people located in 25 different countries… Read More
Regulatory Update (AIFM Directive)
20 December 2010After eighteen months of debate, the European Parliament approved the text of the Alternative Investment Fund Managers Directive (AIFMD) on 11 November 2010. The consensus view is that the regulations… Read More
Exit via IPO in China
20 December 2010By virtue of its sheer size and incredible growth over the last decade, China presents one of the most compelling destinations for portfolio and direct investment. Yet for all its… Read More
RMB Funds: An Updated Legal and Tax Wish List
20 December 2010Following the publication in the third quarter of 2009 of the article, RMB Funds—The Current State and Way Forward: A Legal and Tax Wish List, in the EMPEA Quarterly Review,… Read More
The Rising Tide of Chinese RMB Funds
22 November 2010International investors and managers have demonstrated increasing levels of interest in RMB funds as vehicles for investing into China. This article reviews the differences between foreign-funded and purely domestic RMB… Read More
European Regulation of Fund Managers: AIFM Directive Agreed and Adopted
12 November 2010After 18 months of debate, the AIFM Directive was finally adopted by the European Parliament on November 11, 2010. The Directive will have far-reaching implications for investment managers, their funds… Read More
Shariah Compliant Funds and Middle East Money: Top Five Pointers
2 November 2010Financial institutions and fund managers globally are drawn to the idea of raising a Shariah compliant fund targeting Middle East investors. However, most are uncertain of how and where to… Read More
EMPEA Special Edition Insight: Sub-Saharan Africa (Nov. 2010)
1 November 2010The buzz surrounding the African private equity opportunity has escalated during the global economic crisis, as the region's brand has continued to subtly improve. Despite increased interest, actual private equity… Read More
Dodd-Frank Act: The Impact of US Financial Services Regulatory Reform on Global Institutions
25 October 2010The Dodd-Frank act is the most sweeping regulatory reform of U.S. financial services since 1933. This note explores the profound effects of the Act on financial institutions and cross-border transactions… Read More
EM PE Quarterly Review – Volume VI, Issue 3
18 October 2010in this issue Articles Beyond Standards: Integrating Responsible Investment into Your Portfolio The Opportunity and Challenge of Private Equity in Vietnam: Mekong Capital’s Experience Inside Perspectives: An Interview with the IFC Asset Management Company (IFC AMC) Team… Read More