The US House of Representatives will vote next week on legislation that would require private fund managers with assets over $150 million to register with the Securities and Exchange Commission. If approved the bill will then go on to the Senate.
2 min read · 05 January 2013
A recent court decision shows that the offshore investments of UK private equity firms could be subject to the country’s higher tax rate, unless they can provide better documentation that strategic board decisions were made outside the UK.
3 min read · 05 January 2013
While not triggering a feared mass exodus, the UK's recent tax changes have led to worries about the country's future as a financial headquarters.
4 min read · 05 January 2013
A debate by ministers over stringent regulations for EU fund managers was temporarily cancelled following interventions by the UK Prime Minister Gordon Brown.
4 min read · 05 January 2013
The private equity firm sold nearly 15m shares in chemical company Brenntag in a heated German IPO market.
2 min read · 05 January 2013
Kenneth Vecchione, the firm's former CFO, resigned his duties in January and will leave the firm by the end of this month.
1 min read · 05 January 2013
A recent bill introduced by US Senator Christopher Dodd maintains SEC registration exemptions for private equity and venture capital funds.
2 min read · 05 January 2013
European regulators are now seeking to water down proposed rules that effectively would make it more difficult for EU limited partners to invest with non-EU fund managers, say legal experts.
3 min read · 05 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 · 05 January 2013
Former GoldenTree partner Oliver Wriedt is joining the firm’s Capital Markets Group, which was created in 2008 by former Deutsche Bank Securities CEO Thomas Gahan to invest in the debt of media- and communications-focused companies.
2 min read · 05 January 2013
