Data & Intelligence

Legal & Regulatory Bulletin – Issue No. 18, Summer 2016

In this Bulletin, our contributors focus on:

  • Debt investment in India and whether Mauritius is now and will in future be a preferred investment route: Reviewing a protocol amending the agreement between India and Mauritius in relation to double taxation and challenges presented by India’s General Anti-Avoidance Rules, the treatment on conversion of quasi-debt instruments, the determination of places of effective management and other treaty negotiations.
  • New forex regime in Nigeria and likely impact on private equity investments: highlighting that recent measures adopted by the Central Bank of Nigeria and the introduction of an interbank market are unlikely to impact Nigerian private equity investments negatively.
  • Liquidity options in permanent capital vehicles: as the appetite for raising permanent capital translates into a more frequent use of permanent capital vehicle structures, considering how liquidity concerns are taken into account and best balanced when structuring deals.
  • Laws and legal reforms against corruption are approved in Mexico: describing laws and reforms approved recently by the Congress of the Union and the legal framework for fighting corruption in Mexico.
EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members.

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company