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2014 Global Limited Partners Survey

April 29, 2014
Key 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

April 27, 2014
In 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

April 27, 2014
A 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

April 27, 2014
As 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

April 27, 2014
The 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

April 27, 2014
Recognition 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

April 27, 2014
In 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

April 27, 2014
South 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

April 1, 2014
Yichen 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

Inside Perspectives: An Interview with Tom Barry of Zephyr Management

February 27, 2014
Tom Barry is the CEO and Founder of Zephyr Management, a global emerging markets investment manager that specializes in the creation and management of private equity and marketable securities funds.… Read More

Legal & Regulatory Bulletin – Issue No. 10, Winter 2014

February 20, 2014
In keeping with our monitoring of issues in both emerging markets and the developed markets that so often shape reforms elsewhere, this tenth issue of the EMPEA Legal and Regulatory… Read More

India Regulatory Update

February 20, 2014
The Indian economy has been famously dubbed the elephant economy. Lately, the fabled elephant has unfortunately been bogged down by shackles. Criticism from the investor community suggests that India’s legal… Read More

The Way Forward for Private Equity in Egypt

February 20, 2014
Since the removal of the Morsi-led government from power in July 3, 2013, Egypt has started on a path of istikrar, istismar and istilam—stability, enhancement of entrepreneurship, and safety and… Read More

Pre-empting Fraud: Understanding the mindset of the Chinese entrepreneur

February 20, 2014
Although China remains an attractive destination for private equity investors, it has gained a reputation as a market where contracts are often treated more like vague notions than bona fide… Read More

AIFM Directive Implementation: Fund Marketing

February 20, 2014
The European Private Equity and Venture Capital Association (EVCA) published an analysis of the circumstances under which European and non-European private equity fund managers are able to market their funds… Read More