Private Equity
The emerging markets-focused private equity firm, which in October closed on $750m for its second infrastructure fund, may drop the word ‘infrastructure’ from future funds, Actis chief executive officer Paul Fletcher said in an interview.
3 min read · 05 January 2013
House Ways and Means Committee Chairman Charles Rangel has again proposed more than doubling the tax on carry, a measure the US government estimates would raise $25bn in tax revenue.
2 min read · 05 January 2013
Michael Nobrega also said at a speech in New York that the 2-and-20 compensation model no longer works and active infrastructure investing is the wave of the future. He urged pensions to make allocations to the asset class and to make them large enough to invest in big-ticket assets.
3 min read · 05 January 2013
Ex-CB Richard Ellis Canada head Blake Hutcheson will become CEO of OMERS' C$12bn real estate arm. He spent the prior 18 months at nascent private equity firm Mount Kellett.
2 min read · 05 January 2013
Last week the FBI raided the offices of Obsidian Enterprises in connection with a civil lawsuit filed against its CEO, Timothy Durham.
2 min read · 05 January 2013
Douglas Maine, former CFO at IBM, will serve as a senior advisor for Brown Brothers Harriman M&A advisory business, as well as its private equity arm, BBH Capital Partners.
1 min read · 05 January 2013
Pinal Nicum will end an eight-year career with London-based Coller to become Adams Street's second European partner focused on secondaries.
1 min read · 05 January 2013
Christina Pamberg has left the firm after four years, while ex-Goldman exec Alex Fletcher has joined KKR's European client and partner group.
2 min read · 05 January 2013
The Ho Chi Minh City-based private equity and real estate firm has hired a former Zurich Financial and UBS investment professional to help launch two follow-up vehicles.
1 min read · 05 January 2013
Adam Applegarth, who was chief executive of Northern Rock when it was saved by the UK government last year, is reportedly taking up an advisory role at Apollo Management.
1 min read · 05 January 2013
