Blogs

As artificial intelligence (AI) gains traction globally, companies worldwide are racing to harness its potential. As digital technologies continue to disrupt traditional business models, PE and VC firms are increasingly turning to AI to gain a competitive edge and capitalize on new opportunities.  This article delves into the current state of this technology and its implications for fund managers. The State of AI in Private Equity and Venture Capital  A recent survey by Private Equity Wire revealed a significant trend:…...

As the private equity landscape continues to evolve, fund managers are increasingly recognizing the importance of delivering an exceptional investor experience. Beyond just generating strong financial returns, leading fund managers are prioritizing ways to enhance engagement, communication, and the overall partnership with their investors. Why is the investor experience so critical for private equity firms? There are several key reasons: Competitive Advantage: In today's private equity market, private equity firms that can offer a superior investor experience stand out from…...

The Monetary Authority of Singapore (MAS) is targeting to repeal the Registered Fund Management Companies (RFMC) regime by August 1, 2024. This article will provide an overview and lay out the steps fund managers will need to take to navigate the transition to the new format. Please note: This article is intended as general information only and is not legal advice. Please consult with your legal advisor for specific recommendations to ensure your compliance. Background The Singapore Registered Fund Management…...

On August 23, 2023, the SEC adopted sweeping new rules governing private funds. These new rules and amendments are an effort to increase transparency, help protect private fund investors, and increase competition. In this article, we’ll summarize the rules and other information about these upcoming compliance changes. Please note: This article is intended as general information only and is not intended as legal advice. As with all new rules and amendments, it is common to expect future clarifications that may…...

In today's dynamic environment, fund managers face numerous challenges, including increased regulatory demands and the need for greater transparency to their investors. To navigate these pressures and stay competitive, many firms are turning to better fund administration capabilities. Consequently, the decision to switch fund administrators has become a significant undertaking that requires careful planning and consideration. This blog will provide a comprehensive checklist for fund managers contemplating a switch, covering operational considerations, legal and regulatory aspects, reputation and service consistency,…...

Organizations incorporated in the British Virgin Islands must now fulfill a mandatory obligation to submit annual financial information to regulatory authorities. This new requirement came into effect in 2023, with the first reports coming due beginning in 2024.  We’ll cover what you need to know and, more importantly, what you need to provide to stay compliant with the new BVI Annual Returns regulation. What is a BVI Annual Return? A BVI Annual Return is a mandatory yearly filing for companies…...

In 2023, private equity and venture capital grappled with the twin forces of inflation and rising interest rates. Not surprisingly, these pressures impacted deal flow and valuations, according to Bain & Company. More of the same is likely for 2024, although, at the same time, firms are rapidly adapting to these headwinds. Evidence of that change can already be seen: despite the decline in dollars invested in venture capital in 2023, the number of deals completed remained strong. Let’s take…...

Regulated entities operating within the jurisdiction of the Cayman Islands are now subject to newly implemented rules by the Cayman Islands Monetary Authority (CIMA) concerning internal controls. These rules, which took effect on October 14, 2023, aim to enhance the operational integrity of businesses, protect client assets, maintain precise record-keeping, and ensure the generation of credible financial, operational, and regulatory reports.  The regulation delineates five essential components that regulated entities must adhere to in order to meet the internal control…...

Today’s advanced technology has transformed industries worldwide, creating new efficiencies and opportunities.  Not surprisingly, many participants in the private capital industry have been reaping the benefits as well.  However, if your firm has not yet jumped on this trend, now is the time to ensure you stay competitive.    In this article, we'll look at how the industry is engaging with these technologies and how your firm can benefit. Tackling Data Management Challenges Asset managers, especially those specializing in alternatives, have…...

How to Prepare for Rising ESG Fund Compliance Requirements Once considered a trend, ESG, or Environmental, Social and Governance, has evolved into one of the strongest themes in today's financial world. Recently, we’ve watched lawmakers move proposals from suggestions to new laws.  Now, implementation woes are being felt widely as funds seek to comply with new legislation that is a challenge to interpret. [i] Most fund managers will find themselves wrestling with new requirements soon if they are not dealing…...