Private Equity

News

Report: Former Thai PM Thaksin wants to establish $5bn fund

The Manchester City Football Club owner and former Thai premier intends to set up a private equity fund to invest in Asia.

1 min read · 04 January 2013

Marks: Mark-to-market accounting is ‘accelerant’ to financial crisis

In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.

2 min read · 04 January 2013

Irish pension's alternatives director joins General Atlantic

Ronan Cunningham will bolster the Connecticut-based firm's investor relations team beginning later this summer.

1 min read · 04 January 2013

Harvard endowment PE manager leaves for UNC

Kevin Tunick is the second alternative investment manager to leave the influential endowment following the arrival of a new CEO.

2 min read · 04 January 2013

Blackstone appoints Turkish business luminary

Kemal Kaya, a leading figure in the Turkish banking world, has joined Blackstone, as buyout firms descend on the region.

2 min read · 04 January 2013

Vector nabs COO from Thomas Weisel

The Bay Area private equity firm has hired David Baylor to helm operations as the company grows.

2 min read · 04 January 2013

Report: Mobius looks to invest in Iraq

The renowned emerging markets investor is reportedly seeking investment opportunities for the Templeton Emerging Markets Equity Group in the war ravaged country.

1 min read · 04 January 2013

Hands leads the way

Terra Firma’s first Walker-compliant annual review sets out a blueprint for mega-fund disclosure, reporting on all its portfolio companies irrespective of size or location. Guy Hands may conduct more of his business outside the UK as a result of changes to tax.

3 min read · 04 January 2013

UK firms hit with ‘non-dom’ tax change

Despite vigorous lobbying by business groups, the UK government has pushed ahead with its plans which will force many private equity professionals in the country to pay the level on worldwide earnings.

3 min read · 04 January 2013

EQT plugs Finnish gap

The firm hopes the hire of Thomas Ramsay, formerly head of its European rival Industri Kapital's Finnish team, will reinvigorate the business, which has not done any deals since 2005.

2 min read · 04 January 2013

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