Amanda Janis

World's biggest pensions hit $10 trillion mark(3)

The world’s largest 300 pension funds grew by nearly 12 percent last year, with assets hitting $10 trillion for the first time, a study has found.

Endowments increasingly look to PE to boost returns

A recently released survey of 785 North American college and university endowments found their average return from the private equity asset class last year was nearly 20 percent. The study also noted that since 1998, the institutions have upped their private equity allocations by 475 percent.

World's biggest pensions hit $10 trillion mark(2)

The world’s largest 300 pension funds grew by nearly 12 percent last year, with assets hitting $10 trillion for the first time, a study has found.

Tax ‘collateral damage’ warning from US business group

A new tax on carried interest would be ‘a lot bigger than just private equity’, according to Phillips Hinch, a tax specialist with the US Chamber of Commerce, which recently released the second half of its study on proposed policy changes to carried interest taxation. Hinch tells PEO why the chamber opposes a change to carried-interest tax policy.

Richardson opposes increased carry tax for private equity, venture firms

Bill Richardson is the latest Democratic Presidential candidate to join the carried interest debate on Capitol Hill – but unlike his peers, he does not endorse the tax-raising proposals carte blanche.

Bain sells Dutch paint company for €2.2bn(2)

A US conglomerate will buy Bain Capital portfolio company SigmaKalon in a €2.2 billion transaction. The US buyout firm is believed to have paid roughly €1 billion for the Dutch paint company in 2003.

Clear Channel buyout gets green light(2)

Shareholders have approved the $27.5 billion buyout of Clear Channel by Bain and TH Lee, nine months after the consortium’s first bid was accepted.

Report: WL Ross offers $435m for bankrupt mortgage division(4)

US restructuring specialist WL Ross has reportedly offered $435 million for the loan servicing division of bankrupt lender American Home Mortgage.

DLJ Merchant in waste services buy

The Credit Suisse affiliate has made its third waste industry investment with the acquisition of Deffenbaugh Industries, a waste services company in the Midwestern US.

Crosslink closes fifth hybrid VC fund on $400m

The San Francisco venture firm has closed what it says is the largest-ever ‘crossover’ fund, a tech-focussed vehicle that is both a hedge fund and a venture fund.