A New York Times editorial today decried the ‘wasteful gamesmanship’ that it claimed results from the low capital gains tax currently enjoyed by US general partners.
2 min read · 22 January 2013
The quoted Vietnam-focused real estate company, which spun out of private equity firm VinaCapital, has raised double its initial target of $200m in its second round of fundraising.
2 min read · 22 January 2013
Charlie McCreevy, the European Union’s internal market commissioner, has leapt to the defence of the private equity and hedge fund industries, while criticising their public relations efforts.
2 min read · 22 January 2013
The Blackstone Group is reportedly close to filing for an initial public offering of the firm just weeks after Steven Schwarzman dismissed the public markets as a source of capital for buyout fundraising.
2 min read · 22 January 2013
Richard Branson might be setting his sights on Macau as the location for a $3bn, Virgin-branded casino and resort.
2 min read · 22 January 2013
General partners are scrambling for more information amid vague indications that members of Congress might consider drafting legislation that would drastically raise the tax on GP profits. One legal source called these fears
3 min read · 22 January 2013
RREEF’s infrastructure division has reportedly reached the final stage in the auction of UK recycling and waste management firm Cory Environmental.
2 min read · 22 January 2013
The private equity real estate firm has joined forces with French billionaire Bernard Arnault to purchase approximately 10 percent of the French supermarket chain.
2 min read · 22 January 2013
As private equity funds evolve, they will increasingly need the guts to be considered sustainable companies. By Joshua Herrenkohl
10 min read · 22 January 2013
As competition increases in Shanghai and Beijing, second-tier markets are the toast of China—and cities like Qingdao and Hangzhou are turning into the next hot hotel markets. By Aaron Lovell
9 min read · 22 January 2013
