AltAssets, the online private equity news and research service, is to launch the first ever online listing of private equity and venture capital funds being raised around the world.
The AltAssets Fund Calendar, which launches today, willinitially provide the most comprehensive, accurate and up-to-date databank of European and Asian funds being raised now or due to be launched over the next year.
AltAssets is the first service of its kind to receive regulatory approval.This allows it to make private equity fund information available online toauthorised investors. It is also the only service that provides privateequity firms with the online facility to update their own fund details.
The Fund Calendar is one of several information products offered byAltAssets, at www.AltAssets.net, that are designed to help institutions make better informed decisions about investing in private equity. AltAssets.
The response from institutions has been excellent. More than 200 of theworld's leading institutional investors have already signed up for theservice, said Jamille Jinnah, director at AltAssets.
There is undoubtedly a huge demand for information in thisindustry and it is our objective to serve the market with relevant,high-quality information services.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers