Wednesday, 17 September 2014
Last updated 33 min ago
Sep 17 2010 | 1:17am ET
The fate of foreign hedge funds is not the only issue to be resolved before the European Union’s controversial alternative investments regulations become law. EU countries and the European Parliament are also trying to hammer out a compromise on rules that would restrict private equity funds from “asset stripping.”
Didier Reynders, the Belgian finance minister, said the EU was seeking a “proportionate” way to improve transparency on private equity strategies. Reynards said he was “confident of reaching agreement on that.”
A stickier issue is “to see how it’s possible to have some anti-stripping rules because we have seen so many institutions in different countries with social consequences of some stripping of companies,” Reynders said at a U.K. Financial Services Authority conference in London.
Belgium currently holds the rotating presidency of the EU.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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