Thomas Duffell
Despite believing private equity is good for the economy, investors have a less than favorable opinion of fund managers themselves, recent research reveals.
Depositaries can begin working for private equity firms preparing for the AIFM, according to the UK’s tax authority.
PE Manager tracks third party service providers: Accounting firm Rothstein Kass has opened an office in Dublin while AT Kearney appoints a private equity head.
CCOs and general counsels at private equity firms must regularly communicate best practices in order to effectively comply with new regulations, say industry sources.
The US’ largest institutional investors are committing more to private equity but overall fundraising won’t increase until GPs start using their dry powder, according to a Bain & Co study.
The Cleveland-based mid-market firm has brought on industry veteran Theodore Laufik and McKinsey & Co partner Rob Northrop to bolster its operations team.
A consortium of major private equity firms, LPs and service providers have come together to create a common format for the industry to use when sharing, aggregating and analyzing data.
The offshore domicile will not receive tax information from the US despite agreeing to provide the US’ IRS with the tax details of US investors.
PE Manager tracks third party service providers: law firm Latham & Watkins have developed an app to cut through industry jargon, eFront heads down under and Baker Tilly expands its presence on the US East Coast.
Local government pension plans in the UK can now commit up to 30% of their funds to private equity, up from a previous 15% cap.