Private Equity
Private equity insiders say the Australian Tax Office's push for tougher taxation rules on foreign private equity investors could also impact investment in other asset classes, including infrastructure.
3 min read · 05 January 2013
While many investors are 'shell-shocked', Citi Property Investors’ president and CEO Roger Orf believes a trio of future investment opportunities offer up reasons for optimism. He said debt, residential and real estate securities could be 'silver linings'.
2 min read · 05 January 2013
The Boston-based firm has unveiled a raft of promotions across the business.
2 min read · 05 January 2013
The infrastructure fund will take a 40% preferred equity interest an an ArcLight-backed owner and developer of renewable power plants – a structure that will help the firm avoid greenfield risk and give it access to an operational portfolio of wind, solar and geothermal power assets.
2 min read · 05 January 2013
Limited partners should cast aside traditional categorisations of risk and re-think expected returns and fees, according to a white paper published by the placement agent. The paper also identifies 70 funds in the market for $100bn, of which 55 are first-time managers.
5 min read · 05 January 2013
The firm’s hired legal gun, David Boies, once represented US vice president Al Gore in the Florida voting dispute during the 2000 presidential election.
3 min read · 05 January 2013
The real estate platform of Leon Black-led Apollo is vying with ING and Australia’s Macquarie Group to buy the management of the $8bn private equity real estate business of Citigroup
2 min read · 05 January 2013
If carried interest is taxed as ordinary income in the US, as is proposed by a new bill in Congress, GPs will have to make Medicare contributions of 2.9 percent out of their carry.
2 min read · 05 January 2013
Thanks to a C$227.5m recapitalisation of the Dokie Wind Project in British Columbia, the first phase of the 300 megawatt wind farm will resume construction. Work halted on Dokie last year after now-bankrupt developer EarthFirst Canada could not finance the project.
3 min read · 05 January 2013
A side-by-side comparison of the House and Senate draft legislation for the regulation of US private investment funds, by Nathan Greene and Jesse Kanach of law firm Shearman & Sterling.
3 min read · 05 January 2013