The Fiscal Policy Institute estimates a two percent tax on carry would produce annual revenues of $160m to $200m – a figure budget-conscious legislators aren’t likely to miss.
2 min read · 22 January 2013
The Swiss alternative asset manager has opened in Luxembourg, where it will use an investor-friendly funds regime to structure products. The firm has already set up some of its funds in the country.
1 min read · 22 January 2013
The Los Angeles-based fund tied to basketball legend Magic Johnson, Canyon-Johnson Urban Fund, has closed its third vehicle on $1 billion saying its strategy of revitalizing urban neighborhoods across the US is a proven success.
2 min read · 22 January 2013
The fund has closed at $1.2 billion, having attracted 16 LPs in Europe, North America, Asia and the Middle East.
2 min read · 22 January 2013
Cordea Savills, the international property fund manager, intends to launch a Turkish opportunistic vehicle to capture mainly retail and residential development projects.
2 min read · 22 January 2013
A fund established by US hedge fund Fursa, Indian infrastructure financing company SREI and Indian holding company Prima Donna will be led by Sanjiv Gupta, former Coca-Cola India CEO.
2 min read · 22 January 2013
The open-ended core European vehicle, Encore+, has made €800 million ($1.2 billion) of acquisitions since launching in June 2006.
1 min read · 22 January 2013
The fund’s manager NextEnergy Capital, a renewable energy-focussed merchant bank, is looking to use abundant leverage available for clean energy infrastructure projects.
2 min read · 22 January 2013
The Australian private equity firm is buying five family-run businesses in one platform investment, and is planning to raise A$600m for its third fund.
1 min read · 22 January 2013
Chief executive Stephen Schwarzman says sovereign wealth funds are being made to feel unwanted in the West amid intense scrutiny of their activities. It could, he warns, have a ‘chilling effect’ on their desire to invest.
2 min read · 22 January 2013
