Private equity welcomes offshore fund clarification

Author: Gemma Varriale | Published: 12 May 2011

The clarification of the UK’s offshore fund regulations on May 6 has been welcomed by private equity and funds. It shows that the government is prepared to act on industry concerns.

"This is good news," said Oliver Walker of Weil Gotshal & Manges. "It may mark a sea change for the private equity industry’s relationship with the government and a new era with open...