Big investors tell Europe that new private equity rules risk isolation

The European Union risks building a protectionist wall between itself and the global private equity industry if plans for a sweeping overhaul of regulation in the sector go ahead, some of the world's biggest institutional investors have warned.

The warning from the Institutional Limited Partners Association, March 2010 representing 220 of the biggest pension funds, endowments and sovereign wealth funds, comes at a sensitive time with European Union lawmakers and member states close to agreeing new rules.

Website: Institutional Limited Partners Association http://www.ilpa.org/

ILPA: Position Paper, March 2010: ILPA's Response to the AIFM Fund Managers Directive http://www.ilpa.org/FileDownload.ashx?ItemId=84841771-2F9D-4869-A4EE-412976591283

ESO: Background information: City purrs after charm offensive http://www.europeansources.info/record/city-purrs-after-charm-offensive/

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