A think tank of industry players has developed a list of straight-forward questions for LPs to use when evaluating GPs’ responsible investment practices.
2 min read · 21 September 2013
Castle Harlan’s one day flip of a Canadian mining company has resulted in an eight-figure fine for Australian trade buyer Bradken.
2 min read · 21 September 2013
A federal judge refused to dismiss a case alleging some of the world’s top LBO firms colluded on mega-deals made during the industry’s golden era, but said plaintiffs have fallen short of proving an overarching conspiracy.
3 min read · 21 September 2013
Seasoned private equity lawyer David Walker has left the magic circle firm to join Latham & Watkins.
2 min read · 20 September 2013
The White House’s 2014 budget proposal once again calls for carried interest to be taxed as ordinary income rather than capital gains.
2 min read · 20 September 2013
Blackstone, Lion and Carlyle are among 100 listed targets of anti-capitalist demonstrators planning to gather in London ahead of the G8 summit in June.
2 min read · 20 September 2013
A fund manager allegedly making wild claims about the JOBS Act’s ability to help generate guaranteed investor returns has been charged with fraud by SEC officials.
2 min read · 20 September 2013
A bill to exempt private equity firms from SEC registration has sailed through the House Financial Services Committee.
2 min read · 20 September 2013
The revelation that an LP commitment to Accel Partners' 2009 fund makes the church an indirect investor in Wonga, a payday loan provider it has publicly criticised, has prompted the church to review its entire portfolio.
2 min read · 19 September 2013
Top quartile GPs outperform public markets, fresh research shows, but when looking at averages across the industry, gross private equity returns are on par with public markets.
2 min read · 19 September 2013
