When it comes to investing in Latin America’s private markets, Brazil leads the way, accounting for 58 per cent of all Private Equity and Venture Capital investment in 2019, according to the Association for Private Capital Investment in Latin America (LAVCA).
Legal & Regulation
Jersey property unit trusts (JPUTs) have been and continue to be a very popular vehicle through which to hold UK commercial real estate.
IPSX UK Limited, a Recognised Investment Exchange (RIE) operated by IPSX Group Limited which offers the world’s first regulated securities exchange dedicated to commercial real estate, has received approval from the Financial Conduct Authority (FCA) to launch its second market, IPSX Wholesale.
Crestbridge has been granted a funds administration licence in Luxembourg in a move that significantly bolsters the company’s capabilities in the jurisdiction and its multi-jurisdictional proposition for alternative fund managers.
New FCA regs to restrict individual property investment platform investors to max 10 per cent of investable assets from average 30 per cent currently
New regulations being introduced by the FCA later this year will restrict individual investors new to the property investment platform sector to investing a maximum of 10 per cent of their investable net assets through these platforms.
Labuan International Business and Financial Centre Incorporated (Labuan IBFC), the market development agency for Labuan International Business and Financial Centre (Labuan IBFC), has signed a Memorandum of Understanding (MoU) with China Construction BankLabuan (CCBL) to allow CCBL to promote the benefits of Labuan IBFC to Chinese and Chinese related companies.
Apex Group (Apex) has received Full Depositary authorisation from the Central Bank of Ireland for its subsidiary the European Depositary Bank (EDB) to operate in Ireland.
By James Williams & Paul Bryant – Capital is flowing into ESG investments with many private equity GPs now on the case. But to stay ahead, they will need credible evidence of impact, not just slick marketing.
UK fund providers will have until 15 September 2019 to submit a ‘Brexit licence’ to the Luxembourg regulator to continue trading in the Grand Duchy.
BrickVest has received authorisation from the Autorité des Marchés Financiers (AMF) to operate its investment management platforms from Nice with additional offices in Paris and Berlin. This will enable the company to continue providing real estate investment management and liquidity services to its European clients post-Brexit.