Data & Intelligence

Legal & Regulatory Bulletin – Issue No. 22, Summer 2017

The EMPEA Summer Bulletin focuses on various topics including the changing relationship between the United Kingdom and the European Union, recent currency and policy developments in China (particularly, the “One Belt Road” policy) and the likely impact of a new bankruptcy code on private credit and private equity industry participants in India. This issue also provides a general framework and snapshot of fifteen emerging market tax regimes, which will interest investors in those markets. Future issues of the Bulletin will explore the tax regimes of specific markets in greater depth.

In this Bulletin our contributors focus on:

  • The first general election since the UK voted to leave the European Union-Brexit: What are the implications for the asset management industry? And what is the current state of affairs as Brexit negotiation talks commence?
  • The 2016 Indian Insolvency and Bankruptcy Code: What opportunities are presented for private capital and for whom?
  • One Belt One Road—implications for the pace and acceptance of the renminbi: What do recent policies and transactions imply for expansion along the revitalized Silk Road?
  • A general framework to look at the tax regimes in fifteen emerging markets-an overview: What are some of the tax drivers impacting investor and manager decisions and where are the gaps and challenges?
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