News & Analysis

News that the European Commission is considering a proposal that would allow venture capital funds in the European Union to invest in the EU through a ‘passport’ sounds awfully familiar and is just as welcome as the AIFM EU directive.

A bill passed by New York’s State Assembly has expanded NYC’s rent regulations governing what landlords can charge and when they can convert apartments to market rates, but it faces increasing opposition in the State Senate.

It’s the right trend for the times – manager contributions to their private equity funds are growing larger, notes Philip Borel.

LP reporting has evolved with the growth and maturation of the industry, write Stephen Holmes of InterWest Partners and William Hupp of Adams Street Partners

The SEC announced last week that the agency is considering extending the registration deadline to the first quarter. Private equity managers are relieved, writes Jenna Gottlieb.

The deadline for most private equity firms to register with the SEC has been set for 21 July, but this may be extended to Q1 2012.

The investment bank has been trying to recruit professionals for a team that would raise private equity funds, a business Goldman says it has been in ‘for a number of years’ and is ‘interested in growing’.

Brazil-based asset manager Rio Bravo is raising an energy fund, targeting up to $450m, that will have a mix of domestic and global LPs, a unique structure that could be the start of a trend for the emerging economy.

Managers breathed a collective sigh of relief when the EU Directive on alternative investment fund managers allowed a fund passport, write Geoffrey Kittredge, Anthony McWhirter, and Philip Orange of Debevoise & Plimpton

The $113bn pension system will begin 1 July posting pension fund information online and webcasting its board meetings—a turnaround from Comptroller John Liu’s previous transparency policies.