A recent program at Sidley Austin’s Private Funds 2022 event examined the evolving political, regulatory and business environments in Europe, Asia and Latin America and how they are affecting the private funds industry. The panelists covered, among other things, the E.U.’s recast Alternative Investment Fund Managers Directive; funds distribution along with environmental, social and governance (ESG) investing in the E.U.; investment vehicles and ESG in Singapore and Hong Kong; economic liberalization and the changing tax regime in India; and fund structuring, fundraising, tax reform and key risks in Latin America. The program featured Sidley Austin partners Leonard Ng, Alyssa A. Grikscheit, Han Ming Ho and Prabhat K. Mehta. This article highlights their key points. See “IFI Global Survey Identifies Trends in Offshore Domiciliation and Fund Structuring Among U.S. Managers” (Feb. 3, 2022). For more from Ng, see “The New U.K. Investment Firms Prudential Regime: Top Ten Issues for Investment Managers” (Oct. 28, 2021).