Apax Partners related stories
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- Hands defends carry tax(3)
Guy Hands, chief executive of Terra Firma and one of the UK private equity industry’s most forthright advocates, has defended the current tax treatment of carried interest. He believes it is right to distinguish it from other types of remuneration, since it rewards “long-term capital investment” by buyout executives.
- Cinven wins £1.44bn BUPA hospital auction(3)
UK private healthcare group BUPA has sold its hospital arm to European buyout firm Cinven. The healthcare company exited the business because of regulation which prevented it from expanding its portfolio.
- New Look auction collapses
UK retailer New Look looks likely to be refinanced rather than sold, after the final consortium targeting the company failed to agree with the vendors’ valuation and withdrew from the auction.
- Hands defends carry tax(2)
Guy Hands, chief executive of Terra Firma and one of the UK private equity industry’s most forthright advocates, has defended the current tax treatment of carried interest. He believes it is right to distinguish it from other types of remuneration, since it rewards “long-term capital investment” by buyout executives.
- Cinven wins £1.44bn BUPA hospital auction(2)
UK private healthcare group BUPA has sold its hospital arm to European buyout firm Cinven. The healthcare company exited the business because of regulation which prevented it from expanding its portfolio.
- Hands defends carry tax
Guy Hands, chief executive of Terra Firma and one of the UK private equity industry’s most forthright advocates, has defended the current tax treatment of carried interest. He believes it is right to distinguish it from other types of remuneration, since it rewards “long-term capital investment” by buyout executives.
- Cinven wins £1.44bn BUPA hospital auction
UK private healthcare group BUPA has sold its hospital arm to European buyout firm Cinven. The healthcare company exited the business because of regulation which prevented it from expanding its portfolio.
- Newmark warns Gordon Brown over tax on carry(3)
Brooks Newmark, Conservative Member of Parliament and former buyout partner, said the UK Chancellor seemed set on increasing tax paid on carried interest, but warned that he should tread carefully.
- Industry group opposes Senate bill(3)
The Private Equity Council has voiced its opposition to a recent US Senate bill that would cause publicly traded partnerships to be taxed as corporations.
- Hollick warns government; Cohen calls for tax increase(3)
Two of the UK industry’s heavyweights have spoken out ahead of the UK parliamentary hearing today. KKR’s Lord Hollick called on the government to reduce tax, while Sir Ronald Cohen said the capital gains tax should increase on carry on funds above £500m.