In May, corporate and fund services firm Intertrust Group was hit with the largest anti-money-laundering fine in the Cayman Islands’ history. Private Funds CFO looks at how regulatory changes are heightening risks.
Elliot Weston, head of UK Tax and partner at Hogan Lovells, lays out the effects on buyers and sellers of LP fund stakes and what to expect from the proposed changes to stamp duty.
Co-investments have been a hot topic in private equity as more limited partners seek ways to build direct exposure alongside their trusted GPs in investments.
SEC regulators found conflicts of interests, fee problems and risks of material non-public information in private equity, hedge and venture capital funds.