JD Supra: Mergers

JANUARY 5, 2024

The year 2023 presented the fund finance industry with many challenges that it rose to face with an inventiveness and rigour that showed just how mature and multi-faceted the market has become.

Finance 196

Finance Finance Funds IT 196

JD Supra: Mergers

JUNE 18, 2024

Section 23A and Super 23A can create additional complications for lenders in the fund finance market. By: Mayer Brown

Finance 172

Finance Finance Funds Financial Institution 172

JD Supra: Mergers

JUNE 21, 2024

Join us for this episode of Financial Services Focus, where Lauren Pryor, Eric Edwardson, Haukur Gudmundsson and Krista Cooley dive into considerations for MSR (Mortgage Servicing Rights) fund investments and outline the complexities of MSR fund investments, touching on market structures, licensing requirements, and acquisition strategies.

Funds 167

Funds Investment Financial Services Trading 167

JD Supra: Mergers

MARCH 22, 2024

In order to harmonize the regulatory framework governing the European fund market, the European Commission has revised the existing Alternative Investment Fund Manager Directive – Directive 2011/61/EU (the "AIFMD"), with the introduction of the Alternative Investment Fund Manager Directive II ("AIFMD II"). By: Mayer Brown

Funds 177

Funds Management Government Investment 177

JD Supra: Mergers

FEBRUARY 12, 2024

To address the limitations of the current temporary marketing permission regime (“TMPR”), which permits EEA funds marketed in the UK before Brexit to continue to access the UK market, the UK government introduced the overseas funds regime (“OFR”). By: Cadwalader, Wickersham & Taft LLP

Government 172

Government Funds Retail Investors 172

JD Supra: Mergers

FEBRUARY 16, 2024

Luxembourg and the Cayman Islands are two of the world’s leading fund formation jurisdictions, and account for a large portion of the private equity funds domicile market. Most private equity fund structures are comprised of entities from a multitude of different jurisdictions, often including both Luxembourg and Cayman Islands funds.

Private Equity 192

Private Equity Funds Finance Finance 192

JD Supra: Mergers

DECEMBER 19, 2024

In our recent alert Loan Origination Under AIFMD2: A Guideon loan origination under the revised Alternative Investment Fund Managers Directive (AIFMD2), we noted that the European Securities and Markets Authority (ESMA) would consult on further measures required to implement AIFMD2. By: Goodwin

Funds 155

Funds Consulting Investment Management 155

JD Supra: Mergers

SEPTEMBER 26, 2023

On September 21, 2023, the Federal Trade Commission (FTC) filed a groundbreaking complaint in federal court against PE fund Welsh Carson and its portfolio company, U.S. Anesthesia Partners (USAP), making good on its promise to ramp up enforcement against PE funds and roll-up acquisitions. By: Allen & Overy LLP

Portfolio 182

Portfolio Funds Acquisitions IT 182

JD Supra: Mergers

MAY 22, 2024

Over the last 10 years, continuation funds have evolved to be a well-established potential exit route for private fund sponsors. According to advisory estimates, some $40 billion deals were completed in 2023, with more than $150 billion worth of transactions in the market in total. By: Skadden, Arps, Slate, Meagher & Flom LLP

Funds 161

Funds Advisory 161

JD Supra: Mergers

MAY 13, 2024

As ever, the event brought together a wide range of market participants from across the industry, providing a unique opportunity to network and learn more about the many exciting developments taking place in fund finance. By: Cadwalader, Wickersham & Taft LLP

Finance 182

Finance Finance Funds 182

JD Supra: Mergers

JANUARY 8, 2024

banking regulators published a request for comment covering a proposed revision to the call report forms and process that would mandate more granular disclosure on loans made to private equity funds. That’s one possible question after U.S. By: Cadwalader, Wickersham & Taft LLP

Funds 177

Funds Private Equity Finance Finance 177

JD Supra: Mergers

APRIL 12, 2024

Proskauer’s Hedge Fund Trading Guide offers a concise, easy-to-read overview of the trading issues and questions we commonly encounter when advising hedge funds and their managers. By: Proskauer - Regulatory & Compliance

Trading 167

Trading Funds Investment Management 167

JD Supra: Mergers

SEPTEMBER 5, 2024

AB 3129 would establish a mandatory approval process for a broad range of healthcare-related transactions involving private equity funds and hedge funds, giving the California Attorney General (“CA AG”) broad authority to block or impose restrictions on transactions to protect public interest. By: Goodwin

Private Equity 172

Private Equity Healthcare Equities Funds 172

JD Supra: Mergers

DECEMBER 21, 2023

It is especially relevant for renewable energy project developers, energy transition private equity funds and sustainable infrastructure funds due to the fact that renewable energy developers often have a complex. By: McDermott Will & Emery

Private Equity 167

Private Equity Funds Corporation Equities 167

JD Supra: Mergers

OCTOBER 22, 2024

Search Funds should consider the availability of the tax benefits of Section 1202 in connection with their acquisitions. This Holland & Knight alert offers an overview of Section 1202 benefits in the Search Fund context and. The upside, if properly structured, can be significant. By: Holland & Knight LLP

Funds 161

Funds Business Stock Corporation 161

JD Supra: Mergers

SEPTEMBER 20, 2024

The Pine Cliffs Resort hosted the FFA’s 2024 Global Leadership Summit this week where key players and leaders from across the industry gathered to discuss macroeconomic, geopolitical, policy, legal, regulatory and other matters affecting the fund finance market and related capital markets. By: DLA Piper

Finance 161

Finance Finance Funds Capital Market 161

JD Supra: Mergers

SEPTEMBER 5, 2024

Singapore’s status as a leading financial centre in Asia and regional hub for commodity trading, shipping, and increasingly, private capital activity has been cemented over the years, especially in the past decade. By: A&O Shearman

Investment 268

Investment Funds Capital Trading 268

CNBC: Investing

NOVEMBER 13, 2024

BlackRock launched the USD Institutional Digital Liquidity Fund on Ethereum earlier this year.

Funds 145

Funds IT 145

JD Supra: Mergers

SEPTEMBER 3, 2024

Last month, I commented on the "weird" definition of "hedge fund" in AB 3129 (Wood). On the last day of the current session, the legislature passed the bill. It is now on Governor Newsom's desk. By: Allen Matkins

Funds 167

Funds IT 167

JD Supra: Mergers

OCTOBER 11, 2024

Renovus Capital Partners has announced it has closed its fourth private equity fund. By: McGuireWoods LLP

Funds 130

Funds Private Equity Equities Capital 130

JD Supra: Mergers

APRIL 10, 2024

Acquisitions of private fund sponsors can be accretive for large asset managers, providing access to attractive investment strategies with equally attractive margins, which can be deployed in new ways on larger platforms. 2023 may have been a surge, but even the first two months of 2024 seem like a tidal wave.

M&A 155

M&A Funds Asset Management Acquisitions 155

TechCrunch: M&A

OCTOBER 5, 2023

Eldridge Capital and 3L Capital co-led the tranche with participation from BDT & MSD Partners’ affiliated credit funds, Vista Credit Partners, Temasek, Slow Ventures and Assembly […] AI-powered parking platform Metropolis today announced that it raised $1.7

Debt 322

Debt Funds Capital Equities 322

JD Supra: Mergers

APRIL 18, 2024

In a decision that may cause controlled companies to revisit existing stockholders agreements, the Delaware Court of Chancery in West Palm Beach Firefighters’ Pension Fund v. Moelis & Co. found certain terms in Moelis & Co.’s s stockholders. By: Cadwalader, Wickersham & Taft LLP

Funds 167

Funds Corporation 167

JD Supra: Mergers

JUNE 24, 2024

public corporation if the repurchase is made or funded by certain U.S. This tax generally applies to the repurchase of stock of a public U.S. corporation (or its affiliates) and stock of a non-U.S. affiliates of the non-U.S. public corporation. By: Davies Ward Phillips & Vineberg LLP

Stock 161

Stock Funds Corporation IT 161

CNBC: Investing

JULY 26, 2024

closed-end fund, according to a notice on the NYSE's website. Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S.

Funds 143

Funds IPO 143

Deal Lawyers

DECEMBER 5, 2024

Earlier this year, I blogged about the NFL’s decision to open its franchises up to investment by a select group of private equity funds. According to this Institutional Investor article, those funds are chomping at the bit to get a piece of the NFL’s action, and it says that they like the NFL for the […]

Private Equity 113

Private Equity Equities Funds Investors 113

CNBC: Investing

MAY 15, 2024

Burry, who now manages hedge fund Scion Asset Management, bought more than 440,000 units of the Sprott Physical Gold Trust (PHYS).

Funds 145

Funds Asset Management Investors IT 145

JD Supra: Mergers

OCTOBER 1, 2024

The proposed law sought to regulate health care transactions involving private equity and hedge funds. On September 28, California Governor Gavin Newsom vetoed Assembly Bill (AB) 3129. The veto avoids overlapping and potentially contradictory regulatory oversight by California’s attorney general and Office of Health Care Affordability (OHCA).

Private Equity 155

Private Equity Equities Funds 155

JD Supra: Mergers

APRIL 29, 2024

As proposed by Assembly Speaker pro Tempore Jim Wood, Assembly Bill 3129 (“AB-3129” or the “Bill”) seeks to expand state oversight of transactions involving private equity groups or hedge funds and health care facilities or providers. By: Quarles & Brady LLP

Private Equity 172

Private Equity Equities Funds 172

TechCrunch: M&A

APRIL 18, 2024

billion post-money in its last funding round — is in talks to be acquired by another security player, Wiz, for a price of just $150-$200 million. Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3

Negotiation 318

Negotiation Securities Funds IT 318

How2Exit

APRIL 22, 2024

b' E205: Raising Capital for Acquisitions: Funding Sources to Finance Your Dream Deal w/ Parnell Speed - Watch Here rn rn About the Guest(s): rn Parnell Speed is a seasoned professional with a background in engineering and experience in the real estate sector.

Finance 130

Finance Finance Capital Funds 130

The New York Times: Banking

OCTOBER 3, 2024

Brazil is proposing a fund that would pay countries to protect tropical forests that are crucial to curbing climate change. It would generate returns, too.

Funds 125

Funds IT Financial Institution Stock 125

TechCrunch: M&A

MAY 23, 2024

On the heels of raising $102 million earlier this year, Bugcrowd is making good on its promise to use some of that funding to make acquisitions to strengthen its security chops.

Securities 301

Securities IT Funds Acquisitions 301

CNBC: Investing

OCTOBER 10, 2024

Hedge funds posted the largest single-day net selling of Chinese securities on Tuesday, according to Goldman Sachs' prime brokerage data.

Funds 121

Funds Trading Stock Securities 121

CNBC: Investing

NOVEMBER 24, 2024

'This round of the policy pivot is quite significant,' Theresa Zhou, a fund manager at Fidelity International, told CNBC.

Funds 111

Funds Management Shares 111

CNBC: Investing

SEPTEMBER 9, 2024

Assets in money market funds hit $6.3 trillion the week ended Wednesday, another record high, according to the Investment Company Institute.

Funds 126

Funds IT Investment 126

JD Supra: Mergers

AUGUST 15, 2024

Based on data in Carta’s recently published State of the Markets report, the venture markets have experienced a slight uptick in number of deals and in dollars raised quarter-over-quarter. Companies on Carta’s platform completed 4% more deals and raised 12% more capital during the second quarter of 2024 compared to the first quarter.

Funds 192

Funds Capital 192