Two powerful committee chairmen are backing a bill intended to scrap the low, 15 percent capital-gains tax treatment of GP carried interest in the US. The member behind the bill says the current tax regime on carry is unfair.
3 min read · 22 January 2013
With the help of new haircuts, business suits and a fake hypermarket, two documentary filmmakers create a sensation in the Czech Republic.
2 min read · 22 January 2013
Dubai World, the investment firm of the Dubai government, is reportedly looking to increase its real estate portfolio in the US and Asia.
2 min read · 22 January 2013
Philadelphia-based private equity real estate firm BPG has raised $850m to invest in US real estate.
1 min read · 22 January 2013
Westport has invested in assisted- and independent-living units throughout the Northeast US.
2 min read · 22 January 2013
The private equity arm of US-based REIT Inland Real Estate has acquired a $125m stake in Cobalt Capital Partners’ latest industrial property vehicle.
1 min read · 22 January 2013
When Colony Capital acquired football club Paris Saint-Germain last year, they also acquired the team’s history-rich stadium, the Parc des Princes.
3 min read · 22 January 2013
The Carlyle Group is paying $5bn for an Ohio-based healthcare services provider—and picking up more than 500 nursing facilities in the process.
1 min read · 22 January 2013
Clothing company Jones Apparel Group is in talks to sell luxury department store Barneys New York to Istithmar for $950 million (€714 million). The Dubai-based firm has been active in the New York real estate market lately.
1 min read · 22 January 2013
Already the owner of 100,000 hotel rooms globally, the buyout firm is adding another 480,000 to its portfolio through the acquisition of legendary hotel group Hilton.
2 min read · 22 January 2013