If the hiring market picks up, more funds may want to consider annual vesting provisions to reward better-performing employees and to hold on to senior executives.
3 min read · 05 January 2013
Industry participants are raising red flags over the pension giant's decision to sponsor legislation that would require placement agents to register as lobbyists and ban success fees.
3 min read · 05 January 2013
The US securities authority has charged Vinayak Gowrish and others of profiting from sharing inside information about the buyouts of TXU, Sabre Holdings and Alliance Data Systems.
2 min read · 05 January 2013
An investment in healthcare management company MediAccess means Fund I is fully invested. The firm held a first close on Fund II in November.
1 min read · 05 January 2013
While recent changes to French tax rules bring the country closer to the rest of the world regarding carried interest, a delay in announcing expected clarifications is leaving many managers wondering how to best structure funds.
2 min read · 05 January 2013
While the deal-by-deal fundraising model known as pledge funds is gaining steam, there are some serious weaknesses that managers and investors need to consider, writes Kevin Ley.
2 min read · 05 January 2013
Layoffs across private equity has meant been a boon for those firms fortunate enough to be in hiring mode. In addition, existing contracts with service providers are being renegotiated.
3 min read · 05 January 2013
Rising returns and fund valuations for the first time since 2007 are good news, but we may have to experience another downturn before sustained gains are seen, warns Kevin Ley.
2 min read · 05 January 2013
A new survey of private equity professionals showed across-the-board decreases in compensation – mainly in the form of bonus cuts – for the first time in a decade, with private equity fund funds taking the biggest hit.
3 min read · 05 January 2013
As managers decide which entity should pay for outsourced fund administration costs - the fund or the management company - they will encounter exceptions and gray areas. And LPs will certainly take a view.
4 min read · 05 January 2013
