But despite A$414m in gains from listed fund buyouts and internalisations, the Australian investment bank still posted A$414m in net write-downs due to other adjustments. In May, Macquarie had disclosed A$417m in write-downs across its managed funds.
4 min read · 21 January 2013
Four Nixon Peabody partners, including the chair of its private equity practice, and four associates will join Winston & Strawn’s New York office.
1 min read · 21 January 2013
PEI Media’s sister publication, PERE magazine, recent sat down to speak with Keith O’Donnell, the global head of real estate at Taxand, to discuss the grand tax themes shaping the industry. From crackdowns on abuse of tax treaties to attacks on interest deductibility of intra-company loans and the taxation of debt investments, there is plenty to concern private fund managers.
6 min read · 21 January 2013
Ryan J. Orr, executive director of Collaboratory for Research on Global Projects at Stanford University, sees changes ahead in how institutional investors will access the asset class: their appetite is still strong, but their tastes have broadened
7 min read · 21 January 2013
The head of one of Canada’s largest pensions is targeting large-scale assets – with a little help from selected friends.
3 min read · 21 January 2013
Michael Nobrega also said at a speech in New York that the 2-and-20 compensation model no longer works and active infrastructure investing is the wave of the future. He urged pensions to make allocations to the asset class and to make them large enough to invest in big-ticket assets.
3 min read · 21 January 2013
The annual PREA conference in Beverly Hills was all about the need to repair relationships – not just between GPs and LPs, but also among LPs themselves. By Zoe Hughes
3 min read · 21 January 2013
Michael Brennan, the former president and chief executive officer of US industrial investor, First Industrial Realty Trust, has launched his own private investment platform.
1 min read · 21 January 2013
GI Partners’ European managing director Mark Tagliaferri on the firm’s $1.9bn fundraise and strategy
2 min read · 21 January 2013
LPs need to be more united when facing GPs – even if it means telling fund managers to leave the room so they can talk privately. PERE magazine, November 2009.
3 min read · 21 January 2013
