Nicole Miskelly

The app will enable the placement agent’s private fund clients to gain real time access to the status of their fundraise.

UK prosecutors have thrown out the case against senior vice president Martin Graham, who faced extradition from London to the United Arab Emirates, after being been convicted of wrongdoing in absentia in the UAE.

Following a nine day hearing, the former managing director who filed a disability discrimination lawsuit against the firm has withdrawn his claim.

pfm was in the Central London Employment Tribunal to witness the credit team’s co-chief investment officer give evidence relating to a former employee’s disability discrimination claim.

COO of Crystal Financial says many small- to medium-sized US private debt funds are sticking to domestic investors because of AIFMD, reports PDI sister publication Private Funds Management.  

David Druley will replace current chief executive Sandra Urie when she steps down from the post in July.

The new rules will impact AIFMD-compliant debt funds and domestic private equity funds granting shareholder loans in Germany.

Investments exited in under three years will be taxed as income rather than capital gains. The Chancellor also announced plans to limit how much interest expense companies can deduct from their tax bills.