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NAV facilities: A strategic tool

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NAV facilities were traditionally used by debt and secondary funds given their relative liquidity but are now frequently used by investment funds investing in...

JPMorgan and Morgan Stanley review prime broking ties with Odey Asset...

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LONDON, June 8 (Reuters) - JPMorgan (JPM.N) and Morgan Stanley (MS.N) are reviewing their prime broking relationships with Odey Asset Management after allegations of...

Asset management and private equity in Mozambique – Part VIII

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I. Introduction   Collective investment undertakings (such as private equity funds) are subject to the general regime of taxation of income, provided, on the one hand,...

Private funds in the Cayman Islands

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Introduction The Cayman Islands is the largest domicile for private equity funds outside of the US. As at Q1 2023, there were 16,129 private funds...

The Securities Litigation Review: SEC Enforcement: A Practical Guide For Private...

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This article is an extract from TLR The Securities Litigation Review - Edition 9. Click here for the full guide. I Introduction We are now well...

Gold gears for first monthly loss in three as dollar dominates

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Dollar set for best month since September 2022Silver, palladium, platinum bound for monthly fallGold falls for first time in three monthsMay 31 (Reuters) -...

CIF Weekly – issue 31 – Quadra Commodities SA v XL...

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Summary On 21 April 2023 the Court of Appeal handed down its judgment in Quadra Commodities SA v XL Insurance Company SE & Ors ...

UAE Securities and Commodities Authority introduces two new virtual asset regulations

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The UAE has seen a number of developments in the virtual assets space over the last 18 months, including the UAE designating the Securities...

UK Judgment Highlights Risks of Seeking to “Short Circuit” Hedge Fund...

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Key Takeaways Floreat Investment Management Ltd v Churchill EWCA Civ 440 The judgment serves as a reminder to investment managers, advisers, and those acting on...

ELTIF 2.0 – A Revitalised Framework for Retail Investors

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Amendments to the regulatory framework for European long-term investment funds (“ELTIF”) framework, also known as “ELTIF 2.0”, will apply from January 2024. ELTIF 2.0...

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