United Kingdom: Fund Management/ REITs

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Finance law and banking law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as capital adequacy, BASEL, acquisition finance, debt capital markets, fund finance, islamic finance, securitization and structured finance.
Article
The UK REIT Market – What Is Happening?
The UK real estate investment trust market has evolved significantly since its inception nearly twenty years ago, transitioning from a landscape dominated by major listed property companies to one embracing a new private REIT regime. This shift, implemented in 2022, has opened opportunities for parties to access REIT benefits without the burden of public listing requirements, fundamentally changing the market dynamics.
United Kingdom Finance
BS
Burges Salmon
Article
Structuring CFO Vehicles Through The Channel Islands
Collateralised fund obligations (CFOs) are emerging as a critical financing mechanism for private fund sponsors seeking to access institutional capital markets. This analysis examines why the Channel Islands—specifically Guernsey and Jersey—have become preferred jurisdictions for structuring CFO vehicles targeting UK and European assets, combining regulatory credibility with tax efficiency and structural flexibility.
Worldwide Finance
W
Walkers
Article
Travers Smith's Venture Insights: Unlocking Pension Investment In Venture
Dame Anne Glover's message at Travers Smith's Alternative Insights Summit was clear: UK pension funds should significantly increase their investment in early-stage venture and growth capital. With UK and Irish pension funds investing a mere 0.001% of assets under management in European venture capital in 2024, pension savers are missing substantial returns from high-growth technology businesses.
United Kingdom Finance
TS
Travers Smith LLP
Article
FCA Consultation On The Reform Of Solo-regulated Firms’ Remuneration Requirements
The Financial Conduct Authority has published a consultation paper proposing significant reforms to remuneration rules for solo-regulated firms, consolidating three existing codes into a single framework. These changes would simplify deferral requirements, narrow the definition of material risk takers, and shift toward outcomes-focused regulation while removing over 2,000 smaller firms from scope entirely.
United Kingdom Finance
M
Macfarlanes LLP
Article
New ALTS, Old Tricks? What You Need To Know About The Reforms To The U.K.'s AIFM Regime
The U.K. Government and Financial Conduct Authority have launched a comprehensive reform package that will fundamentally restructure the alternative investment fund manager regime through a new three-tier classification system based on net asset value. The proposed changes, set to take effect in 2028, aim to make the regulatory framework more proportionate and competitive while moving most requirements from EU law into a new FCA sourcebook called ALTS.
United Kingdom Finance
WT
Winston Taylor
Article
Remuneration Rules For UK Private Fund Managers: Key Features Of The FCA’s New Regime
The FCA's CP26/27 consultation proposes a fundamental overhaul of remuneration rules for UK AIFMs, MIFIDPRU investment firms, and UCITS managers, shifting from prescriptive requirements to a more flexible, outcomes-focused framework. The proposed changes include narrowing the definition of material risk-takers, providing greater discretion over malus and clawback mechanisms, and consolidating existing remuneration codes into a single framework while maintaining accountability for aligning remuneration with
United Kingdom Finance
GP
Goodwin Procter LLP
Article
All Change For UK AIFMD? Simpler But Not Always Easier…
HM Treasury and the Financial Conduct Authority have published proposals to reform the UK AIFMD regime, introducing a three-tiered approach based on fund size and simplifying regulatory requirements. The changes aim to enhance UK competitiveness while potentially bringing some previously unregulated funds within scope, raising questions about the balance between regulatory relief and new compliance burdens.
United Kingdom Finance
TS
Travers Smith LLP
Article
FCA And HM Treasury Publish Detailed Proposals To Streamline UK Asset Management Regulation
HM Treasury and the FCA have released comprehensive proposals to reform the UK's Alternative Investment Fund Managers regime, introducing a simplified three-tier framework based on fund size and moving away from the EU AIFMD model. The reforms aim to create a more proportionate regulatory approach while maintaining investor protection and market integrity.
United Kingdom Finance
PR
Proskauer Rose LLP
Article
Talking Trends: Fund Finance
Proskauer fund finance partner Mei Mei Wong and Pemberton's Cassandra Fahy explore the evolution of net asset value-based fund financing, examining how this increasingly sophisticated tool has transformed from a niche product into an established component of the private equity landscape. Their discussion reveals how NAV financing serves diverse purposes across fund lifecycles, from portfolio value creation to LP liquidity solutions, while addressing the critical considerations around valuation, leverage, an
United Kingdom Finance
PR
Proskauer Rose LLP
Article
Street Cred: 10th Annual European Fund Finance Symposium
The 10th Annual European Fund Finance Symposium brought together lenders and advisors to explore the evolving mid-market fund financing landscape, where creative problem-solving and flexible structures are reshaping how managers access capital. From GP facilities gaining traction amid slower exits to the practical challenges of restrictive fund documentation, the discussion revealed how significantly the market has transformed in just two years.
United Kingdom Finance
D
Dechert
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