Private Equity
The Beijing-based firm raised $1.3bn for CITIC Mianyang Private Equity Fund, which counts China's state pension fund as its largest LP.
2 min read · 05 January 2013
Proposed EU regulations covering the private equity industry have received more than 1,000 demands for amendments by MEPs, indicating that the process of achieving a final bill could stretch on even longer.
2 min read · 05 January 2013
If carried interest is taxed as ordinary income in the US, American GPs will face much higher tax rates than some of their European peers.
2 min read · 05 January 2013
The Dallas-based private equity firm has reportedly raised $1.2bn for its two new funds, including $500m for Lone Star Fund VII and $725m for Lone Star Real Estate Fund II.
1 min read · 05 January 2013
The Chinese market appears to be bestowing favours on Western GP groups previously reserved for locals. For LPs, this may mean more straightforward portfolio diversification.
3 min read · 05 January 2013
FireEye, which develops anti-bot protection, is one of many young firms developing new technologies to combat unwanted emails.
1 min read · 05 January 2013
Senator Debbie Stabenow’s comments could mean that GPs can breathe a sigh of relief, but the fate of carried interest is far from clear.
2 min read · 05 January 2013
The pan-emerging markets infrastructure fund, which is aiming for a final close in June 2010, recently refocused its investment strategy on the Asia-Pacific region.
2 min read · 05 January 2013
KKR’s £955m bid beat out TPG, Apax and Bain in the chase for Pets at Home, the UK retailer whose jobs and revenue growth have soared under Bridgepoint’s ownership.
2 min read · 05 January 2013
The flow of private real estate firms launching public debt REITs has increased again, after the New York-based firm filed an IPO for Ladder Capital Realty Finance. The vehicle will primarily originate first mortgages and target some CMBS, B-notes and mezzanine loans.
2 min read · 05 January 2013