The two firms cited changes to the tax status of carried interest and the possibility of having to register with the SEC as investment advisors as threats to their businesses.
2 min read · 05 January 2013
During its 2009 earnings call Kohlberg Kravis Roberts shared its outlook on fee structures, fundraising efforts, and plans for an IPO on the New York Stock Exchange.
3 min read · 05 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 · 05 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.
1 min read · 05 January 2013
Placement agents are once again allowed to interact with New York City pension systems – so long as they comply with strict accreditation and disclosure rules.
3 min read · 05 January 2013
Venture fundraising and deal activity continued to plummet in Canada in 2009. Private equity numbers slid too, but less precipitously.
1 min read · 05 January 2013
J. Douglas Kramer started his new role as CEO of the New York mid-market in January.
1 min read · 05 January 2013
In its annual results statement, the listed alternatives giant reported economic net income of $1.9bn for 2009 and said it was seeing a return to 'traditional' leveraged buyouts.
2 min read · 05 January 2013
The Quadrangle team managing $5bn of Mayor Bloomberg’s personal fortune will spin out into an independent entity.
2 min read · 05 January 2013
Africa’s largest private equity market plans to overhaul its financial regulatory system and expand its oversight of private equity activity.
1 min read · 05 January 2013
