Private Equity
After keeping its powder dry in 2007, Tony Mallin's firm Star Capital Partners is looking forward to a busier 2008 as capital intensive businesses turn to private equity.
2 min read · 04 January 2013
The Blackstone Group has hired leveraged finance pro Vikrant Sawhney from Deutsche Bank.
2 min read · 04 January 2013
The global alternative asset specialist, which has had a presence in Singapore since 2004, has opened a second office in Asia.
1 min read · 04 January 2013
Former NBA star Magic Johnson has endorsed a group created to oppose a House bill that would increase carried interest tax. Formation of the opposition group comes just one day before the House Ways and Means Committee is due to discuss private equity-related taxes.
2 min read · 04 January 2013
The UK Treasury has been advised by the BVCA, in its submission for this year’s pre budget report, not to make changes to private equity taxation because any adjustment could have “dire consequences”.
2 min read · 04 January 2013
StepStone, a San Diego area advisory firm founded by three ex-PCG executives including its former president, has hired PCG’s former head of research, Jay Rose. Rose is the sixth former PCG employee to move across town to StepStone.
2 min read · 04 January 2013
Former Intersouth general partner Don Rainey has joined Maryland venture firm Grotech Partners.
1 min read · 04 January 2013
Charles Rangel, chair of the US Congressional committee charged with writing tax law, has proposed a bill that would substantially overhaul the US tax system and generate $48 billion in tax revenue.
2 min read · 04 January 2013
New York-based hedge fund Highbridge Capital Management has reportedly hired former Goldman Sachs director Scott Kapnick to launch its private equity business. It is the latest example of the increasing convergence between the two asset classes.
2 min read · 04 January 2013
Fang’s management of a Yangtze delta-focussed, Suzhou government-backed fund is unlikely to interfere with his work for Goldman, according to an LP source.
3 min read · 04 January 2013
