David Snow

Taxing times (Editor's Letter) 2009-02-01 David Snow If you like taxes, you're going to love this issue of <em><italic>PEI Manager</italic></em>.<br /> <br /> If you don't like taxes, you're going to want to read it anyway – we present in this issue a lineup of impressiv

Participants at the PEI Strategic Financial Management Conference in San Francisco were gearing up for bumpier rides and hotter spotlights in 2009

Although the venture capital firm as a business predates the buyout firm by at least a decade, only now does it appear that venture capital is succumbing to many of the same economic realities of what is now called the private equity industry.

The earliest model for the private equity firm was little more than three guys and three telephones in one office.

What will the credit crisis mean for GPs in terms of budgeting and management?

This issue of PEI Manager is devoted to terms and conditions, and in particular to those terms and conditions that, like the current debt markets, haven't reached an established level yet.

The New York firm’s debut fund, targeting ‘unconventional’ deal flow, is nearly halfway to its $250m target.

The bigger the deals, the more regulations firms are dealing with.

A newly unveiled performance index from State Street, which draws on data from more than 1,300 funds, shows private equity’s long term net performance to date slightly above 15 percent.

Two powerful committee chairmen are backing a bill intended to scrap the low, 15 percent capital-gains tax treatment of GP carried interest in the US. The member behind the bill says the current tax regime on carry is unfair.