Speechly Bircham | Inform: Venture Capital

June 2010
CRC: Implications for private equity funds EU AIFMD update                                                
Venture investment in Ireland
Inform: Venture Capital

 
Speechly Bircham

Welcome to our June 2010 edition of Inform: Venture Capital in which we focus on the implications to PE and VC funds of the introduction of the CRC Energy Efficiency Scheme. This unique scheme is intended to reduce the carbon footprint of the highest energy consuming companies in the UK but may capture funds or GPs which have portfolio companies that are heavy electricity consumers. If any fund is captured and the obligations required by the scheme are not complied with then civil or criminal penalties can follow.

 

We also provide an update on the AIFM Directive, European legislation that looks set to be approved in the next month leading to significant changes to the PE community. This coupled with the likely changes to the CGT rates to be announced this month make it an interesting time for the PE industry.

 

I hope that you enjoy this issue.

 

 

jim_watt.web.gifJim Watts
Partner
james.watts@speechlys.com
Image - planning.gifCRC: Implications for private equity funds

The CRC Energy Efficiency Scheme (formerly known as the Carbon Reduction Commitment) is the new, UK-wide mandatory climate change and energy saving scheme which came into force on 1 April 2010. This article discusses the key implications of CRC for private equity funds...read more

EU AIFMD update

We reported in our last edition of VC Inform on the EU AIFM Directive, this article provides an update on current developments...read more

Venture investment in Ireland

The Venture Capital Journal (VCJ) has recently published an article on the continued success of venture investment in Ireland...read more

 

 

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This information is correct to the best of our knowledge and belief at the time of going to press. It is, however, written as a general guide, so we recommend that specific professional advice is sought before any action is taken.

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