The EU’s Alternative Investment Fund Managers Directive (AIFMD) is up for review and the European Securities and Markets Authority (ESMA) has now issued an open letter about the key areas that may need some attention.
French investment house Andera Partners is reportedly out targeting up to €450m for its biggest-ever fund, hot on the heels of closing a €500m-plus mezzanine fund in June.
Limited partners are increasingly turning to debt and mezzanine infrastructure funds as they hunt for relatively safe havens for their investments amid the ongoing Covid-19 pandemic.
Private equity funds are being used for mass-scale money laundering according to the US Federal Bureau of Investigation, which said the industry lacks adequate money-laundering programmes.
Blackstone's credit platform GSO Capital Partners is reportedly out raising up to $7.5bn for its latest mezzanine debt fundraise.
French investment house Andera Partners has beaten its €500m hard cap for the final close of its fourth mezzanine fundraise.
Veteran Missouri state pension investment specialist Seth Kelly has joined the $31.1bn-managing Pennsylvania State Employees’ Retirement System as its new CIO.
The alternative assets industry is set for a swathe of staff continuing to work from home after the coronavirus lockdown ends, a new survey of managers within the industry reveals.
