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Softbank sells Open Opportunity Fund to Black and Latino executives

TechCrunch: M&A

The Japanese conglomerate is selling the Open Opportunity Fund to its chairman Paul Judge, and Marcelo Claure, who's being appointed as vice chairman and general partner. © 2023 TechCrunch. All rights reserved. For personal use only.

Funds 290
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AIFMD II – What EU and non-EU fund managers need to know

JD Supra: Mergers

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
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UK Government Confirms EEA UCITS Equivalent Under Overseas Funds Regime

JD Supra: Mergers

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

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Proskauer Hedge Fund Trading Guide 2024 – Chapter 2: Insider Trading: Focus on Subtle and Complex Issues

JD Supra: Mergers

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
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Welcome to 2024: CWT’s European Fund Finance Market Insights - 2024 European Fund Finance Market Predictions

JD Supra: Mergers

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
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Fund finance market—adapting to change

JD Supra: Mergers

Following a period of rapid growth, the fund finance market has reached an inflection point.

Finance 245
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FTC sues PE fund and its portfolio company, signaling continued and growing focus on PE funds and roll-up acquisitions

JD Supra: Mergers

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