Some top institutional investors have warned Brussels that Europe risks building a protectionist wall between itself and the global private equity industry if it proceeds with plans for a sweeping regulatory overhaul of the sector. The warning from the International Limited Partners Association, representing 220 of the biggest pension funds, endowments and sovereign wealth funds, comes as EU lawmakers and member states prepare to finalise new rules, under which EU-based investors could be barred from investing in buy-out funds outside the 27-country bloc.

This entry was posted by Gwen Robinson on Wednesday, March 10th, 2010 at 5:14 and is featured in The 6am Cut London (10 Mar 2010), The Lunch Wrap (10 Mar 2010) . Tagged with eu, ILPA. Edit this entry.