Senator Chris Dodd has written a discussion draft of legislation that would only require hedge funds to register as investment advisers.
4 min read · 21 January 2013
Following a nine-month investigation, the bank reportedly has told investors that possible violations were centred on the “conduct of a single former employee” in Shanghai, according to Reuters. There was no evidence Kalsi “caused or authorised” the alleged misuse of assets, his spokesperson told PERE. Morgan Stanley could not confirm the statement.
3 min read · 21 January 2013
A majority of US GPs expect carry to be taxed at an increased rate of 39.6%, which will hurt their ability to attract and retain talent, according to a recent survey.
2 min read · 21 January 2013
A $3bn A-note from the $5.4bn Tishman Speyer, BlackRock transaction has been transferred to CWCapital after the owners 'requested relief', Fitch Ratings revealed.
2 min read · 21 January 2013
The European Public Real Estate Association says the new Spanish regime for property investment fails to capture the benefits of a ‘true REIT’.
2 min read · 21 January 2013
Allan Moss will advise the Sydney-based special situations private equity firm.
2 min read · 21 January 2013
The current real estate crisis will be worse than the RTC of the 1990s, but a recovery will not gain ‘traction’ until late 2011 or 2012, according to the latest economic trends report from ULI and PricewaterhouseCoopers.
2 min read · 21 January 2013
The high returns of the boom years have been replaced by another ‘R’ word: risk, according to a series of white papers by Ernst & Young. Real estate companies should now be focused on capital sources, reevaluating their business model and managing global risk.
2 min read · 21 January 2013
Representatives from the £13 billion Wellcome Trust and the UK Financial Services Authority testified before the UK House of Lords Tuesday about the potentially painful impacts from EU fund manager regulations, including loss of access to funds and marketing restrictions. House members said they would address such concerns in upcoming meetings with the European Commission.
3 min read · 21 January 2013
Four Nixon Peabody partners, including the chair of its private equity practice, and four associates will join Winston & Strawn’s New York office.
1 min read · 21 January 2013
