02 Apr, 2024 AIFM hosting under FCA scrutiny By Harriet Miller Jack Engelberg The FCA last week published a webpage that is particularly relevant for private fund sponsors who use UK “host AIFMs” to manage their...
26 Mar, 2024 AIFMD II final text published in the EU's Official Journal By Samuel Brooks Michael Sholem Gavin Haran The final legislative text of the Alternative Investment Fund Managers Directive II (AIFMD II) was published today in the EU’s Official...
18 Mar, 2024 UK AIFMD reforms: further divergence from the EU and a potential relaxation to smaller full scope AIFM requirements By Harriet Miller Gavin Haran On 1 March 2024, the FCA published a letter to CEOs of asset managers and alternatives firms, outlining its supervisory and regulatory...
05 Feb, 2024 The Overseas Funds Regime: what does it mean for product value assessments? By Alexandra Green Lora Froud Gavin Haran On 30 January 2024, the Economic Secretary, Bim Afolami, announced that EEA UCITS are deemed equivalent to UK UCITS, in regulatory terms....
07 Dec, 2023 The FCA's Overseas Funds Regime consultation: what does it cover? By Lora Froud Tiffany Cox Emma Garnham Gavin Haran +1 more... Show less On 4 December 2023, the FCA published its consultation (CP23/26) on operationalising the Overseas Funds Regime ("OFR"). Significantly...
20 Nov, 2023 AIFMD II - Final compromise text published By Gavin Haran Samuel Brooks Michael Sholem Shang-Hsuen Koh +1 more... Show less The “final text” of the amending directive (AIFMD II) on the amendment of Directive 2011/61/EU on alternative investment fund managers...
15 Nov, 2023 FCA "Dear CEO" letter to wealth managers and stockbrokers By Alexandra Green Rachel Serene The Financial Conduct Authority (FCA) has published its latest “Dear CEO” letter to wealth managers and stockbrokers setting out the key...
09 Nov, 2023 Innovation and technology in private credit By Adam Caines Oliver Jeffcott An interesting panel session at this year’s ACC Summit in Banking Hall, featuring participants from Arcmont and Metrics, centred on how...
06 Nov, 2023 Private debt – strong performance in the face of uncertain times: The Pitchbook Global Private Debt Report H1 2023 By Adam Caines Peter Chapman Katherine Hensby On 25 September 2023, Pitchbook published their Global Private Debt Report (Report) on H1 2023 activity in the private capital markets....
18 Oct, 2023 FCA to reform the UK's AIFMD and NURS regimes By Lora Froud Gavin Haran The Chair of the FCA, Ashley Alder, gave a speech on 11 October 2023 outlining the regulator’s approach to the reform of the UK’s asset...
19 Sep, 2023 SFDR 2.0: pivoting in the direction of UK SDR? By Lora Froud Tiffany Cox Emma Garnham Gavin Haran +1 more... Show less On 14 September 2023, the European Commission published a targeted consultation questionnaire to gather feedback prior to proposing...
26 Jul, 2023 Greenwashing to greenhushing - key takeaways By Rachel Richardson Tiffany Cox Praveen Gopalan Emily Batchelor +1 more... Show less As part of the Net Zero Lawyer’s Alliance's (NZLA) programme for London Climate Action Week, Macfarlanes held a panel session titled...
03 Jul, 2023 LTAF now accessible to retail investors By Gavin Haran Lora Froud Emma Garnham Tiffany Cox +1 more... Show less On 29th June, the FCA published its Policy Statement and Handbook rules (PS23/7) on "broadening retail and pensions access to the LTAF" ....
22 Jun, 2023 A lender for every dilemma: FFA 2023 Symposium panel discussion on non-bank lenders By Richard Fletcher Clare Golding At the 7th Annual European Fund Finance Symposium this week, our co-head of fund finance, Richard Fletcher, chaired a panel on non-bank...
05 Jun, 2023 ILPA weighs in on continuation funds By Harriet Miller Henry Stewart-Brown Continuation funds are now a staple feature of the private funds industry as general partners (GPs) look to move one or more selected...
09 May, 2023 Sustainable drafting for sustainability-linked loans? By Rachel Richardson Andrew Perkins Adam Caines Jamie Macpherson +1 more... Show less On 4 May 2023 the Loan Market Association (LMA) published model provisions for those borrowing, lending and arranging...