It’s still unclear whether carried interest would be affected by a proposal to raise the tax rate on capital gains from 'non-business assets' to 40%.
2 min read · 05 January 2013
The EU Parliament’s Economic and Monetary Affairs Committee was scheduled to vote on a final version of the controversial AIFM Directive, but the vote was delayed one week for procedural reasons.
2 min read · 05 January 2013
Lobbying organization the Private Equity Council is welcoming more members into the fold – but many firms are cautious about joining a club launched by mega buyout GPs.
4 min read · 05 January 2013
Oak Hill will buy the casual dining and arcade game chain from Wellspring Capital. Dave & Buster’s abandoned plans for a $170m IPO in mid-2008.
2 min read · 05 January 2013
The Private Equity Council’s president, Doug Lowenstein, said at a conference Wednesday a tax hike on carried interest is likely to pass – and it’s just one of several tax measures that will hit GPs in the wallet.
3 min read · 05 January 2013
In the private equity real estate world, fund sponsors are giving ground to their investors.
3 min read · 05 January 2013
A crucial vote on EU transparency requirements was delayed by Eyjafjallajokull last week, but regulatory overhaul in the US marches on.
3 min read · 05 January 2013
Despite Timothy Geithner’s assurances to EU finance ministers, new rules for alternative investment fund managers are still being volleyed in Congress.
2 min read · 05 January 2013
A planned amendment from Senator Jack Reed could make the Senate’s financial reform bill much less friendly to venture and private equity fund managers.
2 min read · 05 January 2013
The Monetary Authority of Singapore has set up a dedicated department to supervise intermediaries in the fund management industry.
2 min read · 05 January 2013