During its 2009 earnings call Kohlberg Kravis Roberts shared its outlook on fee structures, fundraising efforts, and plans for an IPO on the New York Stock Exchange.
3 min read · 24 January 2013
Major changes in the fundraising industry continue with Evercore’s purchase of an eight-person private placement team from the former Lehman division.
2 min read · 24 January 2013
The upheaval among fundraisers of private equity, real estate and infrastructure funds continues with Evercore’s purchase of an eight-person private placement team from the former Lehman division.
2 min read · 24 January 2013
A controversial provision that was removed from the AIFM Directive when Sweden held the EU presidency has been reinstated by Spain – prompting criticism from the Alternative Investment Management Association.
2 min read · 24 January 2013
Placement agents are once again allowed to interact with New York City pension systems – so long as they comply with strict accreditation and disclosure rules.
3 min read · 24 January 2013
Investors who can’t afford to suffer further losses are cautioned over investing in the asset class amid warnings there is ‘no such thing as a no-risk deal’ today. High returns demand meaningful risk, say Hodes and Weill.
2 min read · 24 January 2013
In a letter to the CEO of FINRA dated 18 December 2009, obtained by PEM, the director of the SEC's division of investment management said the SEC might create an exception to the ban for registered broker-dealers acting as legitimate placement agents, if FINRA can implement rules that would prohibit pay-to-play practices. Read the full text of the letter.
2 min read · 24 January 2013
Lawmakers want the UK to fight the EU's proposed AIFM directive, arguing the rules would 'damage' the UK private equity industry.
3 min read · 24 January 2013
Lawmakers in the UK have urged the British government to reject European proposals for wide-ranging regulation of the alternative funds universe as they currently stand, especially if there is no comparable legislation in the US.
3 min read · 24 January 2013
Magnus Christensson has left placement agent Atlantic-Pacific after nearly eight years to help build Jefferies’ global placement business. Among Christensson's prior achievements was the raising $572m for Forum Partners' third real estate opportunity fund.
2 min read · 24 January 2013
