PERE Magazine, March 2009 issue
2 min read · 21 January 2013
For MENA-based private equity funds, fundraising is no picnic, writes Jenny Blinch.
3 min read · 21 January 2013
One large institutional private equity real estate player has agreed to cut management fees on uncalled capital for its opportunistic vehicle to zero. It's not a solution for everyone though, a New York conference was told.
2 min read · 21 January 2013
The troubled UK lender will no longer provide long-term project finance loans with durations of more than 15 years but it will continue to make such loans of 'appropriate length', according to people familiar with the matter.
4 min read · 21 January 2013
The $28bn national oil fund has canceled commitments to funds including Alinda and Pathway Capital as it tries to re-focus on ‘core’ asset classes amid continuing losses.
2 min read · 21 January 2013
President Obama included language in his budget released yesterday that would tax carried interest as income at 39.6 percent. In other regulatory news, a bill in Congress would also require all advisors to private equity funds to register with the SEC.
3 min read · 21 January 2013
The Obama administration has built into its carried interest tax revenue forecast an expectation that GPs will eventually find ways of avoiding the full impact of the new tax.
1 min read · 21 January 2013
Opportunity funds are not alone in wanting to cherry-pick real estate assets at attractive prices.
2 min read · 21 January 2013
Europe’s private equity industry has submitted a 300-page document to the European Parliament to begin a debate on industry regulation without ‘political colour’. An enforced code of conduct has become a necessary step, according to EVCA secretary general Javier Echarri.
3 min read · 21 January 2013
A JV between the Dublin-based private equity real estate firm and developer FOM Real Estate has sold a hotel in Frankfurt to an open-ended fund run by Deka Immobilien. The firm paid €30m for the property in July 2007.
1 min read · 21 January 2013
