Nicholas Donato

The Belgian presidency has proposed a five-year dual approach to the AIFM's third country rules, in an attempt to find harmony on one of the pending directive's most hotly contested issues.

The Belgian presidency has offered a five-year dual approach to the AIFM's proposed third country rules, in an attempt to find harmony between competing EU Parliament and Council proposals.

The investment represents First Reserve’s first deal from a joint venture with SunEdison, which could provide up to $1.5bn in investment depending on future opportunities. First Reserve energy infrastructure head Mark Florian said in an interview 'there is a lot more to come' in similar investments.

Fearing ‘unintended consequences’ resulting from the pending directive, the world’s largest venture capital associations met up this week to discuss the industry’s concerns.

The directive – which could drastically impact non-EU managers – is in final stages of negotiations, according to the EU's markets commissioner.

Musician Bob Geldof is working with former Doughty Hanson senior principal Mark Florman in the development of an Africa-focused fund. Infrastructure will be part of the investment mandate.

The explosion of investor interest in environmentally friendly companies has been hampered by patchy regulatory efforts and concerns over unproven technology, according to a recent survey.

The private equity firm has closed its Africa Fund III short of its original $1bn target size.

The pending EU legislation could have the unintended consequence of blocking certain sales or bidders for LP interests, depending on the final text's definition of 'marketing'.

Law firm Kaye Scholer has hired Andrew Harris to lead the expansion of its London practice.