Monday, 30 March 2015
Last updated 2 days ago
Oct 5 2012 | 9:49am ET
The Netherlands became the first country to adopt the European Commission's stricter regulations on hedge, private equity and real estate funds.
On October 2, the Dutch parliament passed the Alternative Investment Fund Managers Directive, sending it to the Senate for debate on October 9.
The Dutch parliament amended the AIFMD to exempt fund vehicles pooling assets exclusively for pension funds.
The EC has yet to adopt level two measures that would elaborate general AIFMD requirements—like the appointments, duties and functions of depositories; the calculation of leverage; and transparency requirements. These had been expected to be adopted in September, but they weren't and according to the Loyens & Loeff law firm, there has been “no indication” of when they will be adopted.
Additionally, the European Securities and Market Authority plans to adopt remuneration guidelines in 2013.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…