While private-equity market participants globally are worried about proposed European regulations, those in Asia are more concerned about general regulatory uncertainty, according to a report released yesterday by US financial services group BNY Mellon and information provider Private Equity International.
Private-equity participants globally are concerned about potentially expensive and cumbersome requirements of the European Union's proposed Alternative Investment Fund Manager AIFM directive.
But Asia-based general partners GPs tend to be more concerned about general regulatory uncertainty, which may negatively affect the development and growth of this relatively nascent private equity market, the report says. China, in particular, is singled out, with the regulatory regime there perceived to...