Regulation & Legal

Bankruptcy court: Yellow on hook for pension contributions

Judge’s ruling does not give a number to pension liability but suggests that it will far exceed the debtors’ assets.

Fearless Fund settlement has firms re-evaluating DE&I platforms

GP and investors may be skittish about racial investment mandates even after the dismissal of a lawsuit claiming that investment programmes targeting underrepresented entrepreneurs represents racial discrimination.

The pros and cons of regulation

Protecting certain types of investors might come at the price of taking away one of private debt’s key competitive advantages. City of Stamford investment and pension expert Eric Newman ponders the dilemma.

UK managers and a potential tax trap

Concerns over changes that may be made to capital gains tax have put private equity firms on red alert – with knock-on effects for the private debt industry. PDI discusses developments with Claire Madden of Connection Capital.

Jirí Król: It’s time for the FSB to ditch an unhelpful label

The term ‘non-bank financial intermediation’ groups together a diverse range of entities, despite their obvious differences, says Jiří Król, global head of the Alternative Credit Council

The future lies in long-term vehicles

The retailisation of private markets appears to be gathering speed in 2024 as major regulatory changes help widen access to products traditionally dominated by institutional investors.

What next for the regulation of private funds?

The SEC’s proposed private fund adviser rules may be dead in the water. But that doesn’t mean GPs can rest easy.

Consortium’s takeover of Vista’s Pluralsight agreed

Goodwin attorneys suggest this is a symptom of a change in the balance of power between private equity and private credit in distressed circumstances.

ILPA seeks LPAC vetoes and full disclosure over NAV loans

Trade group calls for LPAC consent in some cases, and for new fund documents to cover usage and limits.