The international law firm hired private equity lawyer Jeff Legault from rival practice Cadwalader, Wickersham & Taft.
1 min read · 05 January 2013
Contrary to critics’ claims that private equity houses mislead investors by overvaluing their assets, GPs are if anything ‘too conservative’, according to research from trade body the BVCA.
1 min read · 05 January 2013
Terms and conditions of emerging market funds are being influenced by two counterbalancing forces: appetite for the region and risk, says Geoffrey Kittredge of Debevoise & Plimpton.
4 min read · 05 January 2013
Nearly a quarter of UK-based private equity fund managers say they expect no carried interest from their current funds, a drop in confidence compared to late 2009, according to Investec.
2 min read · 05 January 2013
Placement agents or GPs selling LPs’ fund stakes on their behalf may need to split the offer between AIFM-compliant and non-compliant funds.
2 min read · 05 January 2013
Lord Rothschild is introducing a $750m buyout fund which will allow Chinese investors to take stakes in Western companies.
1 min read · 05 January 2013
Tax policies designed to reenergise economic growth were unveiled in the UK budget Wednesday. Meanwhile, the levy for some non-doms has been raised to £50,000.
3 min read · 05 January 2013
The EU Commission is now in the process of receiving public feedback regarding possible taxes on private equity transactions, GPs’ remuneration and the wider financial industry.
3 min read · 05 January 2013
A reenergised high-yield bond market is shaping private equity fund managers’ approach towards securing credit.
4 min read · 05 January 2013
The private equity veteran is the latest to endorse the best practices guidelines put forth by the Institutional Limited Partners Association.
1 min read · 05 January 2013
