Nicholas Donato
.jpg?id=12885376532 "UK budget leaves carry alone")
To the relief of buyout firms, the UK budget reaffirmed that the government does not intend to raise taxes on carried interest.
The Connecticut-based firm named a successor to Chris Jacobs, who has retired.
The SEC’s chief inspector, Andrew Bowden, said his son should enter private equity and offered words of praise at a recent industry event.
Nearly half of private fund professionals believe the industry will never agree to a single standard for data exchange.
.jpg "SEC to go second round in cybersecurity sweep")
The commission will issue a second cybersecurity risk alert before visiting another 100 registrants this summer to assess their cybersecurity readiness.
New IRS proposals seeking to limit how GPs can allocate expenses arising upon a deal closing could cost the industry hundreds of millions of dollars in lost tax savings.
.jpg?id=19327360403 "CD&R creates COO position")
Talent pulled from PwC will oversee the $21 billion firm’s operations.
Ken Spain will join Koch Industries as a managing director for external relations.
Legal experts say the new vehicle aligns French partnership law with Anglo-Saxon jurisdictions, with which private equity investors are more familiar.
New fair value guidance issued by GASB may prompt public pension plans to demand timelier reporting from private fund managers.