Private Equity
Draft legislation, which would require all private equity, private equity real estate and hedge fund managers with more than $150m in assets to register with the SEC, must now face a test in the Senate.
2 min read · 05 January 2013
The fund will invest in generation and transmission assets that have long-term purchase contracts in place for their capacity. The target exceeds its last successful fundraising by $400m.
2 min read · 05 January 2013
The SEC has said in a letter to FINRA that it may exempt registered-broker dealers from its proposed ban on placement agents interacting with public pensions.
3 min read · 05 January 2013
Lawmakers want the UK to fight the EU's proposed AIFM directive, arguing the rules would 'damage' the UK private equity industry.
3 min read · 05 January 2013
Glenmont Capital founding partner Larry Kestin expects lenders to get more realistic over prices in 2010. The firm recently acquired a Florida hotel from a bank after the borrower filed for bankruptcy.
2 min read · 05 January 2013
Five people were killed and at least 12 others injured when a private equity-backed power plant exploded in Connecticut Sunday.
2 min read · 05 January 2013
The head of the US arm of one of the largest private equity firms in the world said Friday the LP-friendly principles are worthy of support but will likely be modified.
2 min read · 05 January 2013
The global private equity investor has changed hands for the second time in six years.
1 min read · 05 January 2013
The Los Angeles-based firm will pay $1m to the New York Common pension and has agreed to exit the placement business.
2 min read · 05 January 2013
Private equity can find lucrative investments in the tech world, but the key is monetising popular ideas, writes Natalie Tydeman.
3 min read · 05 January 2013