"Private equity investors are an integral part of the financial ecosystem, and they play an important role in the governance of businesses of all sizes across the real economy. As active owners, the governance processes they put in place are not widely understood, and some outsiders are...

Private equity-backed companies are ubiquitous and economically significant. Consequently, the corporate governance of these companies matters to all of us, and - not surprisingly - is coming under increasing scrutiny. Simon Witney, a practicing private equity lawyer, positions private equity...

Effective from 2013, the Alternative Investment Fund Managers Directive (or AIFMD) fundamentally altered the regulatory environment for European private equity funds, establishing – for the first time – a set of pan-EU rules for private equity and venture capital funds with assets under...

Purpose To explain the UK government’s long-awaited reforms to limited partnership law. Design/methodology/approach This article discusses the key updates to limited partnership law in the UK that the reforms represent and draws some conclusions as to what may lay ahead. Findings The article...

UK company law has not been clear as to the extent of the fiduciary duties owed by a company's “shadow directors”. This article argues that recent reform which aimed to toughen the standards for shadow directors has failed to clarify the position, while unhelpfully constraining future...