Ilya has more than 15 years of experience in finance, credit, equity and derivatives trading, algorithmic, banking and stock market software development.
Recommendations
Explanation It is important that fundraising does not continue indefinitely as this may prevent GP from implementing the fund's investment strategy while continuing to commit resources to marketing. There may also be time constraints imposed by certain laws and regulations. Between the initial closing and the final closing,
Recommendations
Explanation Prospective LPs will expect detailed track record information to be provided by GP as part of the due diligence process. It is an important part of acting with integrity that the track record accurately represents the past performance of GP and is both complete and accurate. It is possible
Recommendations
Explanation The issue of responsible investment is of great importance to the industry. As society grapples with the sustainability agenda, the consideration and management of ESG opportunities and risks in the investment process is becoming increasingly important for both GPs and LPs to ensure the long-term performance of investments. In
Recommendations
Explanation The terms of an investment in a fund will normally be the subject and result of negotiation. Given the diversity of potential LPs in private equity, some LPs may require specific terms, for example to meet their own regulatory obligations. LPs may also be interested in obtaining certain preferential
Recommendations
Explanation It is typical today for funds to be issued with additional interim financing in the form of facilities secured by the undrawn commitments of LPs. Such facilities, which are provided at the fund level (as opposed to facilities at the individual asset level of the fund), are typically set
Funds
Alternative Investment Fund (AIF) is the best solution for making collective venture capital investments and organising investor funds in stocks, bonds, commodity indices, derivatives, currencies, cryptocurrencies, real estate and other financial assets.
Legal
The Common Reporting Standard (CRS), developed in response to the G20 request and approved by the OECD Council on 15 July 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis.
Payment Account
Many business owners and entrepreneurs are brilliant when it comes to their business - but they don't know about the intricacies of opening an account and business banking.
Payment Account
Opening an business bank account for Fund Managing company is very different from opening a local business account the onboarding process which is more complex and requires that you produce more documents. If you want opening the best corporate bank account for Fund Managing company feel free to contact us.
Payment Account
Current laws and regulations allow crypto companies and individuals to open bank accounts, there is no restriction. But the policies of European banks can turn such a simple operation into a nightmare, so although we call countries crypto friendly, the banks are not equally friendly.
Payment Account
All businesses need a company account to receive payments from customers, make payments to suppliers, and track their finances. But it can be challenging for business to find a bank that is willing to take one on as a new customer.
Payment Account
Hiring professionals for support will significantly speed up the process of opening a bank account and help avoid various troublesome problems.
Recommendations
Explanation Because negotiations with potential LPs typically continue until the final closing of a fund, documents are typically revised on an ongoing basis to reflect those negotiations. However, certain key elements describing the offering and its essential features should remain constant. Limited partners (LP) are investors. A limited partner is
Recommendations
Explanation The definition of what constitutes money laundering and the application of anti-money laundering (AML) legislation can vary from jurisdiction to jurisdiction. However, there are general requirements and common principles relating to AML legislation, which are set out in the Financial Action Task Force (FATF), and these include not only
AML
AlphaUMi provides ongoing advisory services on demand. With our monthly AML/CTF advisory subscription you can access a dedicated AML/CTF specialist who will help you navigate the regulatory requirements and provide you with an appropriate action plan for implementing your AML/CTF Program.
AML
Anti-Money Laundering is constantly shifting and evolving. New software, changes in the legal and regulatory framework, new money laundering and terrorist financing techniques, and changes in the business as a whole can be extremely difficult to keep up with.