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Insights and Analysis

Debt for equity swaps in private equity backed companies financed by private debt funds

Is it Groundhog Day for private equity backed companies struggling to cope with higher interest rates, or is it different this time? The attempts to curb inflation flowing from the...

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Game on - Indonesia sets out ambitious development plans for the gaming industry

The Indonesian government has set out its plans for developing its still immature gaming industry, by enacting the Presidential Regulation No. 19 of 2024 on the Acceleration of National...

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SFDR targeted consultation – a wish list for Luxembourg funds

For Luxembourg funds complying with Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (the SFDR), the targeted consultation and public...

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Lexology Panoramic: UK Fund Finance 2024

Hogan Lovells and Lexology have partnered to publish the UK chapter of Panoramic – Fund Finance, now available online. The guide provides side-by-side comparison of insights...

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Corporate Transparency Act declared unconstitutional in Alabama federal court

The court issued a permanent injunction against enforcement by the U.S. Department of the Treasury and its Financial Crimes Enforcement Network (FinCEN) of the Corporate Transparency Act...

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Roll and sell elections on GP-led transactions

For the investment teams of pension funds, endowment funds, family offices and similar institutional investors investing in private funds, barely a week goes by without their inboxes...

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FinCEN proposes expanding Bank Secrecy Act requirements to certain investment advisers

On February 13, 2024, U.S. Department of the Treasury’s Financial Crimes Enforcement Network issued a Notice of Proposed Rulemaking seeking to expand the Bank Secrecy Act’s...

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Thresholds up, investment down? Why Australia’s sophisticated investor threshold increases could prove costly

The Australian securities regulator ASIC is proposing an increase in the threshold limits for so-called “sophisticated investors”. The limits have not been raised since they...

News

SBIC Program Updates: SBA Proposes Technical Amendments to 2023 Reforms and Significant Change to Passive Business Rule

In July 2023, the U.S. Small Business Administration (SBA) released sweeping reforms to the Small Business Investment Company (SBIC) program. Many of those reforms were enacted through the...

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