The newly formed lobbying group has released its first white paper in defence of private equity, coinciding with the first day of the Senate Finance Committee’s hearings on the taxation of carried interest.
3 min read · 22 January 2013
The Senate Finance Committee’s second inquiry into carried interest featured witnesses who support and oppose the carried interest designation as capital gains, but they unanimously agreed that one industry should not be singled out over another for tax purposes.
3 min read · 22 January 2013
Global private real estate investment firm CB Richard Ellis Investors has appointed three professionals to its global investor services team as it looks to bulk up the department.
1 min read · 22 January 2013
Duke Street Capital’s managing partner Peter Taylor has emphasised his support for Sir David Walker’s drive for greater transparency in private equity, after successfully deflecting criticism about the industry at this morning’s Treasury hearing.
2 min read · 22 January 2013
Sir David Walker, the man who has been tasked with improving transparency in UK private equity, has defended his independent status to the Treasury Select Committee and outlined some of the specific guidelines he intends to recommend to the industry.
2 min read · 22 January 2013
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
The past few years have seen a number of private equity-backed REIT privatizations in the US. As opportunistic investors increasingly move overseas, could the public-toprivate trend spread to the UK? By Dave Keating
6 min read · 22 January 2013
After weathering the threat of low-cost production in Asia, mexico's manufacturing sector is booming amid rising domestic consumption and a growing economy—both of which are driving the Mexican logistics real estate market. By Aaron Lovell
8 min read · 22 January 2013
If there is any sector that demonstrates the difficulties of operating in the Russian property market, it is probably the gaming industry. Though regulated by the government, the sector is still subject to the vagaries of Russian president Vladimir Putin. In an effort to do away with the country's ubiquitous small gaming halls, a recently introduced law says all casinos currently in operation must shut down by June 2009; going forward, casinos will only be allowed in four regional locations. Clive Tilley, the British founder of international gaming management firm Tilley Entertainment, is one of the few foreigners with experience of running a casino in Russia. Here, he discusses his plans to roll out US-style hotel casino complexes in Russia, the market's reaction to the new regulations and the difficulty of finding quality real estate for his projects.
3 min read · 22 January 2013
To access the red-hot Russian real estate market, foreign private equity firms are pursuing a number of platform-building strategies, from minority stake investments to roll-up plays. But not everyone is sold on the approach. By Robin Marriott
8 min read · 22 January 2013
