Financial Times FT.com

Investors warn EU on private equity rules

By Martin Arnold in London and Nikki Tait in Brussels

Published: March 9 2010 22:51 | Last updated: March 9 2010 22:51

Europe risks building a protectionist wall between itself and the global private equity industry if plans for a sweeping overhaul of regulation in the sector go ahead, some of the world’s biggest institutional investors have warned.

The warning from the International Limited Partners Association, representing 220 of the biggest pension funds, endowments and sovereign wealth funds, comes at a sensitive time with European Union lawmakers and member states close to agreeing new rules.

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