Alternative Investment

European Union finance ministers have backed controversial new rules for hedge funds and private equity firms.

The National Association of Pension Funds this week urged the European Parliament to vote down an amendment to a controversial directive that would further hinder its members accessing EU-based alternative funds.

EUROPE - The international trade body for hedge funds, along with the NAPF, this week urged the European Parliament to vote down an amendment to a controversial directive that would hinder its members investing in EU alternative funds.

EUROPE - The Economic and Monetary Affairs Committee of the European Parliament (ECON) has postponed today's vote on the Alternative Investment Fund Managers directive (AIFM) to May 17, in order to give "more consideration to the opinion of the Legal...

The Economic and Monetary Affairs Committee of the European Parliament has postponed today's vote on the Alternative Investment Fund Managers directive to May 17, in order to give "more consideration to the opinion of the Legal Affairs Committee".

US/EUROPE - US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund...

US Treasury secretary Timothy Geithner has written to four European finance ministers urging them not to discriminate against foreign players in the alternative investment space as they continue negotiations on the Alternative Investment Fund Manager...

EUROPE - The European Parliament economic and monetary affairs committee (EP) reached a compromise agreement on the scope of the Alternative Investment Fund Managers (AIFM) directive that could allow non EU-domiciled funds to be marketed in Europe.

EUROPE/US - The European Commission has hit back at a letter by US Treasury secretary Tim Geithner warning the implementation of the hedge funds directive could cause a transatlantic rift by discriminating against US firms.

GLOBAL/EUROPE - The Institutional Limited Partners Association (ILPA) has criticised the Alternative Investment Fund Managers (AIFM) directive for reducing European Union institutional investors' access to private equity investments.