Lake Capital Partners has agreed to sell Suffern, N.Y.-based energy marketing company Hudson Energy Services to Just Energy Income Fund (TSX: JE.UN) for US$304.2 million in cash.
10 min read · 21 April 2010
Peter Washington has joined CapX Partners as a senior associate. He previously was with Northern Trust Company.
1 min read · 21 April 2010
2 min read · 21 April 2010
Andrew Belá Jánszky has agreed to join law firm Milbank, Tweed, Hadley & McCloy LLP as managing partner of a proposed new office in São Paulo, Brazil. He previously led Shearman & Sterling’s Latin American practice. Tobias Stirnberg, formerly a senior associate with Shearman & Sterling, also will join Milbank Tweed as a partner.
4 min read · 21 April 2010
1 min read · 21 April 2010
MELBOURNE (Reuters) - The Australian tax office has delayed two critical rulings on how private equity firms are taxed, in a move that tax experts say means the office is hardening its stance against private equity. Private equity firms argue the two rulings, if upheld, would chill foreign investment in Australia by treating gains on asset sales as taxable income. The decisions, which had been originally expected in early April, were due on May 5, but the Australian Taxation Office said on its Web site the final rulings were now due on May 26.
3 min read · 21 April 2010
2 min read · 21 April 2010
1 min read · 21 April 2010
The Riverside Co. has opened an office in Melbourne, Australia. It will be led by existing Riverside partner Simon Feiglin.
3 min read · 20 April 2010
1 min read · 20 April 2010