Private Equity
The offer reportedly still falls short of would-be vendor Lone Star's expectations.
2 min read · 05 January 2013
US fund managers have once again escaped a proposed tax increase on carried interest, a provision which could possibly lose further support following the November elections.
1 min read · 05 January 2013
A couple of key themes emerged at the recent PERE Forum in New York. Chief among them was a warning to those who just follow the herd.
2 min read · 05 January 2013
KingSett and AIMCo, the consortium of Alberta pensions and endowments, acquire ING’s 50% stake in an industrial fund for $1.9bn – along with the fund’s management platform, ING Real Estate Canada.
2 min read · 05 January 2013
Korea Exchange Bank’s labour union has filed a lawsuit to block the $4bn sale of Lone Star’s 51% holding to Korea’s Hana Financial Group.
3 min read · 05 January 2013
The effort to raise the carried interest tax rate died this week in the US Senate and is unlikely to be reconsidered during the next two years.
1 min read · 05 January 2013
The fifth annual PERE conference concluded today with calls for LPs to turn against the flow of capital to core, amid concerns the sector is becoming as risky as value-added and opportunistic strategies. We present other notable quotables from the New York event.
2 min read · 05 January 2013
Tulane University’s $1bn endowment has made the most of the financial downturn by getting into top-quality funds.
2 min read · 05 January 2013
Infrastructure investing in Asia is gradually emerging from the shadow of the private equity asset class, finds Siddharth Poddar.
10 min read · 05 January 2013
Placement agents are undecided as to the upside in registering as lobbyists to comply with California’s law governing public pension interaction with third parties.
5 min read · 05 January 2013
