Press Release from: Carey Olsen, Thursday 8 February, 2024.
Carey Olsen Hong Kong has advised on the Cayman Islands legal and regulatory aspects of the formation of Align Partners Korea Fund, Align Partners Korea (Non-US) Feeder Fund and Align Partners Korea (US) Feeder Fund (together, the “Fund”).
The Fund is sub-managed by Seoul-based Align Partners Capital Management, Inc. (“APCM”), an activist fund manager renowned for applying a bottom-up, long term “Private Equity Approach to Korean Public Equity Markets” investment strategy focused on listed Korean equities.
APCM has a proven track record of success in its strategic investment approach, emphasising a localised private equity perspective. The focus includes shareholder activism to leverage the substantial “Korea discount.”
The Internal Revenue Service has wrapped up its annual Dirty Dozen campaign, which it self-proclaims as “the worst of the worst” tax scams. The last few scams in the series leave a lot to be unpacked.
As published on: reuters.com, Friday 4 October, 2024. The European Commission is suing EU member states Spain, Cyprus, Poland and Portugal for failing to implement rules aimed at ensuring a global minimum
The German financial centre beat off competition from eight others as the EU puts the final touches to dirty-money reforms. Frankfurt has won the race to host the EU’s prestigious new anti-money laundering
The UK’s Chancellor of the Exchequer Rachel Reeves has kicked off plans to end tax breaks for wealthy expatriates and close a tax “loophole” on private equity performance fees. The Treasury said