Private Equity
The bank’s $8bn private equity, co-investment and mezzanine unit has been slated for sale for a year, well before the ‘Volcker rule’ was unveiled.
2 min read · 05 January 2013
With Foxtons restructured, BC Partners can now focus on its impending fundraise.
3 min read · 05 January 2013
US House Ways and Means Committee chairman Charles Rangel has introduced the Tax Extenders Act of 2009, which would tax carried interest as ordinary income rather than capital gains. Similar tax plans have come up short in the Senate.
2 min read · 05 January 2013
Having raised $1bn and counting for its latest fund, Pantheon’s global head of secondaries talks to PEI about Asia, the banking sector and the changing role of secondaries.
5 min read · 05 January 2013
Alinda Infrastructure Fund II has reached final close at $4bn, exceeding its cover amount by $1bn while falling $1bn shy of its $5bn cap.
2 min read · 05 January 2013
The growth of the asset class in the last five years in Central and Eastern Europe has been on the back of strong returns. Investors have their fingers crossed this will continue, reports. Toby Lewis
3 min read · 05 January 2013
Investment firms with assets over a ‘modest threshold’ will need to register with the SEC, according to a proposal released last night by the White House. The plan comes a day after a Senate bill set $30m as the line above which all firms would need to register.
2 min read · 05 January 2013
Why Bank of America Merrill Lynch’s decision to shelve the sale of its Asia real estate platform makes sense. PERE Magazine, February issue 2010
4 min read · 05 January 2013
How leaner times have increased LP demand for ‘tailor-made’ separate accounts
2 min read · 05 January 2013
Ex-Federal Reserve chairman Paul Volcker says banks need to choose between being bank holding companies and housing private equity platforms. Citi, meanwhile, may divest its $8bn PE unit.
3 min read · 05 January 2013