Better than Her Reputation? A Closer Look at Russia’s Private Equity Landscape
April 15, 2011According to the annual EMPEA/Coller Capital Emerging Markets Private Equity Survey, Russia has ranked at the bottom of all emerging markets in terms of investment attractiveness for the past three… Read More
Asia Pacific Private Equity 2010 Fund Terms Survey
April 12, 2011The rapid and continuing growth of private equity in the Asia Pacific region has heightened interest in private equity fund terms among investors (“limited partners” or “LPs”) comparing potential funds… Read More
China’s National Regulatory Framework for RMB Funds Taking Shape
April 1, 2011Many GPs are drawn to the idea of forming an RMB fund. LPs looking for RMB exposure or an uncorrelated growth capital investment may also be attracted to RMB funds.… Read More
SEC Staff Indicates That the Commission Is Likely to Extend Key Dodd-Frank Adviser Compliance Dates Until First Quarter of 2012
April 1, 2011On 8 April 2011, the SEC Division of Investment Management advised the North American Securities Administrators Association (NASAA) that the Commission is considering extending the registration and compliance deadline until… Read More
EMPEA Insight: Russia (April 2011)
April 1, 2011Market participants assert that global impressions of Russia are not aligned with reality and that local opportunities are far better and risks more manageable than investors imagine. This perception arbitrage… Read More
EMPEA Insight: North Africa (April 2011)
April 1, 2011While it is too soon to speculate about the potential long-term consequences of the unrest unfolding across North Africa, EMPEA’s members are expressing confidence that this chain of events will… Read More
Foreign Investment in Strategic Industries: First Set of Amendments
March 28, 2011In April 2008, Russia implemented a law to regulate foreign investment into sectors of national strategic importance. After two years of implementation, it has become apparent that the law imposes… Read More
NDRC Notice Regarding RMB Funds Provides Guidance on the Regulation of China’s Domestic Private Equity Industry
March 1, 2011The National Development and Reform Commission (NDRC) of China issued a Notice on Further Regulating the Development and Filings of Equity Investment Enterprises in Pilot Areas on 31 January 2011.… Read More
Legal & Regulatory Bulletin – Issue No. 1, Winter 2010-2011
January 25, 2011In this issue AIFM Directive (EUROPEAN UNION) The Missing Link – AIFMD and Third Countries SJ Berwin European Regulation of Fund Managers: AIFM Directive Agreed and Adopted Shearman & Sterling… Read More
Shanghai’s Official Launch of QFLP Pilot Program
January 24, 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
January 19, 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
January 14, 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
January 1, 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
December 21, 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.
December 20, 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