November 2009
Beginner
368 pages
11h 24m
English
Despite all attempts to standardize the regulatory approach in the EU, several financial institutions may be used as vehicles for the realization of private equity finance in each country. For example, in Italy, a closed-end fund is the best way to manage private equity finance, despite banks or investment firms that may also realize these deals.
The same conclusions may be reached for every European country. Throughout Europe, a double system is evident:
According to the EVCA, the legal and tax environment is not homogeneous (see Figure 4.7).