A new tax on carried interest would be ‘a lot bigger than just private equity’, according to Phillips Hinch, a tax specialist with the US Chamber of Commerce, which recently released the second half of its study on proposed policy changes to carried interest taxation. Hinch tells PEO's Amanda Janis why the chamber opposes a change to carried-interest tax policy.
3 min read · 22 January 2013
Two US Congressional committees will hold hearings on private equity ownership of nursing homes tomorrow; a REIT executive is the only finance-industry representative scheduled to testify.
3 min read · 22 January 2013
Jeppe de Boer has left Goldman Sachs for Renaissance Capital, stating that markets such as Russia continue to show huge appetite for development.
1 min read · 22 January 2013
Participants at the 2007 PERE Forum in New York discussed the credit crunch and the outlook for US private equity real estate performance, but much of the talk centered on investor enthusiasm for emerging markets property.
2 min read · 22 January 2013
Fortress reported a loss of $38 million for the third quarter, though it managed to avoid subprime-related losses, raised revenue by 80 percent and grew private equity assets under management by 60 percent.
2 min read · 22 January 2013
The private equity firm is developing two LEED-specific office buildings in the fast-growing Houston property market.
1 min read · 22 January 2013
China’s vice minister of finance reportedly said the state’s new $200 billion sovereign wealth fund will be transparent in its actions, and will not aggressively seek to acquire foreign oil companies, nor invest in airlines or telecom firms.
2 min read · 22 January 2013
The New York-based alternative investment firm has set up an amusement park acquisition and development company to focus on entertainment destinations throughout the US, starting in Clementon Lake Park, New Jersey.
2 min read · 22 January 2013
A former mental asylum and a "no-tell motel" are just two of the properties being converted as buyers continue to crave unconventional living spaces.
2 min read · 22 January 2013
The firm has become just the latest global firm to grab a slice of Asia’s largest REIT market as Japan continues its economic recovery.
1 min read · 22 January 2013