On December 10, 2013, the federal financial agencies (the “Agencies”) approved joint final regulations (the “Final Regulation”) implementing section 619 of the Dodd-Frank Act, commonly referred to as the Volcker Rule.
Due to previous challenges in the United States fundraising market for sponsors of real estate, private equity and other investment funds (each a “Fund”), many Fund sponsors have sought to expand their sources of capital to include investors domiciled outside of the United States (“Foreign Investors”).
Infrastructure funds are private equity vehicles that invest in a wide range of assets—including assets that could be...
On November 29, 2013, the Board of Governors of the Federal Reserve System (FRB), the Office of the...
In 2012, growth in the European PE sector, in contrast to its more vigorous US counterpart, remained pedestrian.
Capital call subscription credit facilities (each, a “Facility”) continued their positive momentum in 2013 and had an excellent...
As real estate, buyout, infrastructure, debt, secondary, energy and other closed-end funds mature beyond their investment or commitment...
As the subscription credit facility (each, a “Facility”) market has evolved further from its real estate fund roots...
The use of managed accounts as an investment vehicle has been widely publicized of late with institutional investors...
Late in 2012, in Sun Capital Partners v. New England Teamsters (“Sun Capital”),1 a federal district court in...