General Equity Real Estate’s Chris Macke has warned US banks and financial institutions need to start a phased clean up their balance sheets, otherwise real estate won’t recover until 2014 at the earliest.
5 min read · 24 January 2013
EVCA, the US Treasury Secretary, ILPA and EMPEA have all recently voiced concern about measures in the AIFM that would block the free flow of capital. Nicholas Sarkozy and Gordon Brown reportedly planned to discuss the issue Friday.
4 min read · 24 January 2013
Speakers and delegates at this week’s EVCA Investor Forum voiced concerns about potential protectionist measures in the European directive.
2 min read · 24 January 2013
Keeping the pending AIFM directive from hindering LP-GP relationships and global capital flows was chief among concerns discussed by PE insiders gathered in Geneva this week, writes Philip Borel.
3 min read · 24 January 2013
The private equity firm has failed on two previous attempts to sell its controversial 51% holding in the Korean bank.
2 min read · 24 January 2013
ILPA and the US Treasury are the latest to speak out on the adverse effects proposed legislation would have on Europe's private equity market.
2 min read · 24 January 2013
Both the US Treasury and the Institutional Limited Partners Association have written to key Euro officials about their 'real concerns' of the impacts of proposed EU regulations on US and European fund managers.
2 min read · 24 January 2013
Below is the full text of the Institutional Limited Partners Association's letter to EU internal market commissioner Michel Barnier.
7 min read · 24 January 2013
David Loglisci, one of the central figures in a wide-ranging pension pay-to-play scandal, said he was instructed by 'senior officials' to only approve investment managers given the okay by political operative Hank Morris.
3 min read · 24 January 2013
Sander Levin, who previously backed bills to tax carry as ordinary income instead of capital gains, will chair the House Ways and Means Committee. He will take over from Rep. Charles Rangel.
1 min read · 24 January 2013
