The EU Parliament and Council recently proposed new laws that will significantly open avenues to capital and investment for early stage businesses and SMEs throughout the UK and Europe.
The number and size of funds permitted to invest, along with the additional types of investments open to fund managers, will be significantly increased if these proposed new laws are passed. With the number of VC deals slowing post-Brexit referendum, this welcome news will no doubt give a real boost to the industry. What are the key proposed legal changes? • Removal of €100m AUM threshold for fund managers • Turnover threshold of €50m abolished • Businesses permitted to employ 499 employees (up from 250) A constant gripe of fund managers and the industry in general is the res...
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