Private Equity
The vote follows threats from the Obama administration to veto the Investment Advisers Modernization Act.
2 min read · 09 September 2016
The New York Times’ unflattering portrait of the industry is best ignored: but the industry’s image needs constant care and maintenance
3 min read · 25 August 2016
A $2.3m penalty enforced by the SEC this week follows some $11.8m in management fees and interest that the firm has already returned to investors.
1 min read · 25 August 2016
<p> <em>An advisor in court in June said a contribution from the two financial institutions to fund a restructuring proposal for Caesars Entertainment Operating Company was possible.</em></p> <p><em></em></p>
1 min read · 22 August 2016
The Institutional Limited Partners Association reiterated its stance after Republican presidential nominee Donald Trump said he would up tax on carried interest.
3 min read · 11 August 2016
Following a nine day hearing, the former managing director who filed a disability discrimination lawsuit against the firm has withdrawn his claim.
2 min read · 09 August 2016
Private equity industry service providers said that post-‘Leave’ vote, the economic future of Great Britain looks promising for buying assets but challenging for selling them.
2 min read · 29 July 2016
<p>Private equity firm Primus Pacific has filed suit in New York accusing Goldman Sachs of hiding its incentive to ‘curry favour’ with Malaysia’s Prime Minister Najib Razak when Goldman was financial advisor to EON Capital, a local bank in which Primus was the largest shareholder.</p>
2 min read · 28 July 2016
A Switzerland-based private equity veteran gives UK fund managers – currently subject to an uncertain regime as Britain exits the EU – the benefit of his country’s 25-year experience negotiating with the union.
3 min read · 22 July 2016
pfm was in the Central London Employment Tribunal to witness the credit team’s co-chief investment officer give evidence relating to a former employee’s disability discrimination claim.
3 min read · 19 July 2016