Multiplying Economic Growth

Glossary

All A (1) B (1) C (7) D (2) E (2) F (8) G (2) I (5) L (4) M (2) O (2) P (8) R (7) S (8) T (3) U (1) V (3) Y (1)

Management fee

The fee, typically a percentage of committed capital or net asset value, that is paid by a venture capital fund to the general partners to cover salaries and expenses.

Mezzanine

Either (1) a venture capital financing round shortly before an initial public offering or (2) an investment that employs subordinated debt that has fewer privileges than bank debt but more privileges than equity and often has attached warrants.

News

The MIT definition and pr...
This article by Toby Eggleston of Greenwoods & Freehills looks at applying the definition of a Managed Investment Trust (MIT) to PE funds and how that definition may impact the structure of existing and future PE funds in Australia...
ATO form for Managed Inve...
Trustees of MITs that came into existence prior to the 2009-10 income year must use this form for making an election for capital treatment in accordance with section 275-115 of the ITAA 1997...
Update on EU AIFM Directi...
EVCA has prepared a briefing note outlining the third country treatment under the AIFM Directive as it currently stands...
 
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