Download the full report here. The Big Picture: An Introduction to Health Care and Private Equity in Emerging Markets When TMG Capital invested in Brazil-based insulin producer Biomm Technology in 2013, the private equity fund manager saw an opportunity to address growing domestic demand for pharmaceutical products by… Read More
Emerging markets-focused investment manager Gramercy Funds Management has reached a final close for Gramercy Distressed Opportunity Fund III with nearly US$1 billion in capital commitments. The fund will invest opportunistically in dislocated and defaulted sovereign, quasi-sovereign and corporate credits, as well as actively short bonds and hedge long positions. To… Read More
The Fall 2016 Bulletin focuses on regulatory changes, which impact and will be of interest to practitioners in the emerging market private capital investment community. Of note are changes to ways in which private equity investment is regulated in Brazil, an overview of potential shareholder and director liability in troubled… Read More
By Matthew Griffin, White & Case In the past, managers encountering issues realising value to investors within the terms of their funds were left with few options. The maturing of the secondary market increasingly provides managers with the opportunity to obtain capital to restructure and reorganise their funds and management… Read More
This brief draws upon engagement with the EMPEA Energy & Infrastructure Council. Members of the Council recognize both the importance and nuanced nature ESG issues have in infrastructure investing in emerging markets. This brief is designed to help articulate those nuances and help support practitioners understanding of ESG in the… Read More
In this Bulletin, our contributors focus on: Debt investment in India and whether Mauritius is now and will in future be a preferred investment route: Reviewing a protocol amending the agreement between India and Mauritius in relation to double taxation and challenges presented by India’s General Anti-Avoidance Rules, the treatment… Read More
By Cindy Valentine and Ravi Chopra, King & Wood Mallesons Although permanent capital structures have been used in Europe and the US for many years in various forms, emerging markets have trailed developed markets when it comes to alternative structures. While managers in emerging markets have been talking about,… Read More
Secondary transactions have always been the most private part of private equity. For much of the nineties, secondary deals were viewed as tainted, and the general, ill-informed view was that the transactions involved weak investors selling their positions in poorly performing funds. The feeling seems to have been that it… Read More
On January 1, 2016, the Common Reporting Standard (CRS) issued by the Organisation for Economic Cooperation and Development (OECD) entered into effect in certain key investment fund jurisdictions, marking a significant step toward a global system of automatic exchange of information among participating jurisdictions. In general, the CRS requires that… Read More
Regulators and compliance professionals from New York to Dubai to Sydney are eagerly talking about a new risk that seems to have emerged in the aftermath of the financial crisis: conduct risk. It was the Financial Stability Board which in February 2013 first focused its attention on “business conduct”… Read More
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