The latest draft of the EU’s Directive on Alternative Investment Fund Managers Directive would apply to private equity real estate, private equity and venture managers both large and small.
3 min read · 21 January 2013
The bankrupt lender will sell its North American mortgage business to Warren Buffett’s Berkshire Hathaway and the holding company Leucadia National Corporation for $515m.
2 min read · 21 January 2013
The California Public Employees' Retirement System is reportedly weighing its future relationship with asset manager BlackRock following its investment in the New York Stuyvesant Town deal.
2 min read · 21 January 2013
Blackstone, Centerbridge and Welsh Carson will not see commitments from New Jersey yanked following revelations that the firms unwittingly broke campaign donation rules.
3 min read · 21 January 2013
The founder and co-chairman of Fortress Investment Group believes heavier regulation of private equity is both inevitable and positive. It's a 'new aspect of life' having the regulators show up, he said.
2 min read · 21 January 2013
A recent court decision shows that the offshore investments of UK private equity firms could be subject to the country’s higher tax rate, unless they can provide better documentation that strategic board decisions were made outside the UK.
3 min read · 21 January 2013
Is it time for private equity real estate firms operating in the UK to go on the PR offensive, asks Robin Marriott.
3 min read · 21 January 2013
Sweden is introducing changes to a proposed EU directive that, if passed, would curb compensation for hedge fund and private equity managers by up to 60 percent in some cases.
2 min read · 21 January 2013
A side-by-side comparison of the House and Senate draft legislation for the regulation of US private investment funds, by Nathan Greene and Jesse Kanach of law firm Shearman & Sterling.
3 min read · 21 January 2013
Treating placement agents as lobbyists under California law would impose the proper limitations on the practice, CalPERS’ president Rob Feckner wrote in a letter to the pension’s board.
3 min read · 21 January 2013
