Led by private equity there is a co-investing boom developing across a number of alternative asset classes. The boom has given rise to various governance issues that should now be addressed.

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Following a six month trial a Guernsey Court has handed down judgment in a legal battle dating back to 2008. The allegations included breaches of fiduciary duty, gross negligence, wrongful trading and breaches of contract. Carlyle Capital Corporation Limited (CCC) was a publicly-listed, closed-ended investment fund based in Guernsey.

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