Katherine Bucaccio
In 2014, Blackstone CEO Stephen Schwarzman raked in nearly 500 times what the average senior private equity investment professional earned last year.
Despite the fact that more LPs are interested in ESG programs, GPs are not giving it increased attention, according to a recent Pitchbook survey.
Confidence throughout the industry is on the rise, according to a recent Semaphore survey.
.jpg?id=12885344030 "Duff & Phelps to acquire American Appraisal")
The acquisition will expand Duff & Phelps’ footprint in Europe and Asia and create one of the largest independent valuation advisory firms worldwide.
The regulator submitted its 2016 budget proposal, asking for a 15 percent bump in funds for its Office of Compliance Inspections and Examinations.
Clifford Chance global private equity head Oliver Felsenstein will follow in the footsteps of his predecessor, David Walker, to Latham & Watkins.
.jpg?id=12885365783 "Blackstone alters fee-sharing policy")
The buyout giant revealed that it will go beyond pulling back on accelerated monitoring fees, moving to a 100 percent fee offset for its latest fund.
.jpg "UK vows not to 'gold plate' Solvency II caps")
The Bank of England will not subject insurers to capital requirements beyond those laid out in the EU regulatory directive, according to reports.
CFOs and COOs do not foresee the tax treatment of carried interest changing any time soon, but sources in Congress are reportedly indicating otherwise.
Ropes & Gray poaches Mayer Brown’s Posthuma; Ashurst names Munich co-head; Simmons & Simmons opens in Luxembourg; and other industry legal affair news.