Private Equity
Diamond Castle argues founder Lawrence Schloss' $10m suit for withholding payment is 'inappropriate and unreasonable'.
2 min read · 05 January 2013
The US' two largest public pensions are responding to increased private equity workloads by adding staff to better manage GP relationships.
3 min read · 05 January 2013
State legislators, after considering raising the tax rate on carried interest for managers that work in New York but live outside the state, have let the idea fall by the wayside.
2 min read · 05 January 2013
Mats Carlston, who led Nixon Peabody’s global finance team, is joining Pillsbury along with 13 others.
1 min read · 05 January 2013
A re-tooled version of the bill will likely face another vote on Friday as senators continue to negotiate.
1 min read · 05 January 2013
Lawmakers agreed to require private equity firms to register with the SEC, while the 'Volcker rule' was softened to allow limited holdings in private equity assets. A formal vote is expected next week.
2 min read · 05 January 2013
The bill that would hike taxes on carried interest has a provision that would make it more expensive for GPs to sell stakes in their firms.
3 min read · 05 January 2013
This week, the clock is ticking on two pieces of US legislation that would have huge impacts on private equity managers, while the deadline nears for the AIFM directive in Europe.
2 min read · 05 January 2013
The latest twist in the Capitol Hill carried interest drama would treat 65% of carry as ordinary income, but that would drop to 55% for investments held seven years or more.
2 min read · 05 January 2013
Under a compromise between the US Senate and House of Representatives, most private equity funds will have to register with the SEC, while venture capital firms will be exempt.
2 min read · 05 January 2013
