Private Equity

Business services

Caspersen sentenced to four years in prison

Former Park Hill partner Andrew Caspersen was handed a lenient sentence on account of his gambling addiction.

1 min read · 07 November 2016

Brexit passport loss not critical for AIFs

UK trade minister Mark Garnier said on Wednesday the UK is likely to lose its financial passporting rights as a result of Brexit, but research suggests the alternatives industry would be relatively unscathed.

2 min read · 27 October 2016

BVCA Summit: UK prioritises infra spending, low taxes

The Chief Secretary to the UK Treasury David Gauke praised the work of the private equity industry in an address to LPs and GPs in London on Thursday.

2 min read · 07 October 2016

FIRB’s Wilson delays Carlyle start

The appointment of Australia’s Foreign Investment Review Board chairman by buyout firm Carlyle had raised concerns about conflicts of interest.

2 min read · 05 October 2016

Proskauer hires PE partner in New York – Exclusive

The law firm continues its hiring spree, after appointing two new partners in its London office last month.

2 min read · 29 September 2016

Fund administrator SS&C sued by client - Update

Tillage Commodities Fund claims SS&C was showed ‘gross negligence’ over a series of wire transfers that resulted in $5.9m in losses for the fund.

3 min read · 23 September 2016

Private funds ‘ripe’ for diversity initiatives

Private funds’ flat structures and entrepreneurial culture should make it easy for women to rise, argue panellists in London.

3 min read · 23 September 2016

32% of UK law firms open to private equity

In addition to private equity, a quarter of law firms believe that high net worth individuals or family offices will also become an important source of external funding in the next few years, according to new research.

2 min read · 21 September 2016

Apollo, TPG founders to give up financial information

A Chicago bankruptcy judge has approved the request from the creditors of Caesars Entertainment Operating Co to review the personal financial information of the private equity firm executives.

2 min read · 20 September 2016

SEC bans Andrew Caspersen from the industry

The former Park Hill partner - who pleaded guilty to defrauding investors of $38.5 million – has been permanently banned from working in the private equity industry.

2 min read · 15 September 2016

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