Angela Merkel has challenged Gordon Brown to drop his objections to European regulation of the hedge fund and private equity industry

The FT reports that European finance ministers yesterday postponed a vote on the EU's proposed AIFM Directive to regulate hedge funds and private equity firms after “a last-minute intervention” by Gordon Brown. Ministers are still at loggerheads over how to regulate funds and managers established outside the EU.

After days of talks failed to produce a compromise deal on European Union plans to regulate the hedge fund and private equity industries Spain avoided putting the issue to a vote

EU finance ministers were due to meet today to discuss the EU’s proposed AIFM Directive on hedge fund and private equity managers. The FT reported this morning that the Spanish EU Presidency had said it was optimistic that a deal would be reached. However, on his WSJ blog, Stephen Fidler reports that Spanish Finance Minister Elena Salgado has pulled the item from the agenda of today’s ...

Talks in Brussels to strike an agreement on regulating hedge funds and private equity came to an abrupt end this morning (16 March) as the Spanish EU Presidency, tasked with brokering a deal, postponed talks because no agreement was in sight.

Pressure was mounting for a compromise deal on the European Union's draft rules on hedge funds and private equity which would reduce British opposition to the regulation

The Spanish EU Presidency is aiming to close an agreement on the draft hedge and private equity funds directive at a meeting of finance ministers in Brussels tomorrow (16 March), with teething problems on foreign fund treatment threatening to derail a deal. 

Two thirds of European venture capitalists would radically reduce their investments if new EU rules on private equity come into force, according to a survey released today (15 March) ahead of a meeting of EU finance ministers in Brussels.

Spain, EU presidency holder, pressing for agreement at Brussels meeting

The FT reports that Gordon Brown and French President Nicolas Sarkozy will today try to hammer out a compromise deal on the EU’s AIFM Directive, aimed at regulating hedge fund and private equity managers. Brown shares the concerns of Tim Geithner, US Treasury Secretary – raised in a letter to EU Internal Market Commissioner Michel Barnier earlier in the week – about the protectio...