https://headlandcp.com/changes/How private equity funds are built and paid, how buyout and growth strategies differ, how a deal is investigated, and how the Hong Kong market, its fund regime and its manager licence work, with every figure linked to its source.en-gbhttps://headlandcp.com/regulation/limited-partnership-fund-hong-kong/https://headlandcp.com/changes/#2026-10-21-Tax bill on the LPF page, worked examples labelledWed, 21 Oct 2026 00:00:00 GMTThe Hong Kong limited partnership fund page now says that the carried-interest and fund tax bill is gazetted and not yet law, matching the Hong Kong market page. Worked-example figures on the fees, fund, leveraged buyout, growth equity and related pages are labelled as our own arithmetic or assumptions, and the due diligence steps no longer use numbered markers.https://headlandcp.com/fundamentals/how-a-private-equity-fund-works/https://headlandcp.com/changes/#2026-10-21-Singapore tests, fee benchmark, strategy sections rewrittenWed, 21 Oct 2026 00:00:00 GMTSingapore's three accredited-investor tests are now listed in full. The fund page adds ILPA's 2021 fee survey as the current benchmark and a hurdle-and-catch-up ledger. Undated Wikipedia size claims were removed from the strategy page, and the approach page's strategy sections were rewritten with Asian examples.https://headlandcp.com/fundamentals/how-a-private-equity-fund-works/https://headlandcp.com/changes/#2026-10-21-Asia coverage and rule-text sourcingWed, 21 Oct 2026 00:00:00 GMTThe fund page now reads Hong Kong's Limited Partnership Fund Ordinance directly, including the limited-partner safe harbour, and sets the Hong Kong, Singapore and Cayman fund types side by side. Investor tests are shown for Hong Kong and Singapore, with the United States rule labelled. The strategy page adds the Asia-Pacific buyout and growth mix for 2024 and drops leverage ranges that rested on one encyclopaedia entry. The approach page adds the SFC Fund Manager Code of Conduct and the Asian exit queue.https://headlandcp.com/https://headlandcp.com/changes/#2026-10-21-Site launched on previewWed, 21 Oct 2026 00:00:00 GMTThe editorial policy, the corrections log and the first three model pages.