Private Equity
The SEC is looking into how GPs mark their assets amid concern that trumped-up valuations could be used in fundraising pitches. Its interest could help advance the discussion around the need for greater clarity around valuation methods.
2 min read · 06 January 2013
The most powerful argument against sustaining the status quo on taxing carried interest is the political one.
4 min read · 06 January 2013
US private equity returned -4.3% during Q3 2011, while distributions outpaced contributions for the fourth straight quarter.
2 min read · 06 January 2013
The Virginia Retirement System engaged the secondary market as a buyer for the first time in 2011, purchasing three commitments for $100m.
2 min read · 06 January 2013
Yellow Wood Partners, co-founded by Peter Mann and Dana Schmaltz, is bringing a novel concept to the mid-market: no deal or monitoring fees.
3 min read · 06 January 2013
TPG Capital is on the verge of acquiring GlobeOp Financial Services in a £508m deal, the first take-private of an LSE-listed business this year by a private equity firm.
2 min read · 06 January 2013
The firm has hired former JP Morgan vice chairman David Topper to work on IPOs, financings, liquidity planning and other growth initiatives.
1 min read · 06 January 2013
Europe tops the list of issues LPs are thinking about this year, along with the growing threat of ‘zombie funds’ and reputational risk brought on by the US Republican primary election.
3 min read · 06 January 2013
KPERS carved out a separate private equity allocation in 2007 and has been slowly working to build exposure to the asset class. At a time when many other US public pensions are trimming back their portfolios, Kansas has room to grow.
2 min read · 06 January 2013
The Carlyle Group co-founder David Rubenstein expressed frustration with the perception that private equity leaders ‘cheat’ on their taxes.
3 min read · 06 January 2013
