Real estate opportunity funds sport higher fees than other property vehicles to justify the process of searching for high-return investments. Limited partners can use a variety of tools to ensure their GPs are earning those fees. By Aaron Lovell
A new law in the Lone Star State signals the beginning of the end for FOIA battles in the US. By David Snow, Editor
Chinese authorities are monitoring the use of offshore special purpose vehicles, which have afforded many advantages to private equity investors in the region. By Albert McLelland and Jiannan Zhang
A GP's departure from a private equity firm isn't as simple as handing in a letter of resignation – carry, non-compete and track record issues can often become sticking points when it's time to move on. By Art Janik, Associate Editor
INDUSTRY FRONTLINE 2005-08-01 Staff Writer Alvarez & Marsal recruits Asian teamAlvarez & Marsal (A&M), the US-based turnaround and restructuring adviser, has launched Alvarez & Marsal Asia with an 80-strong team. The team has been recruited en masse from Hong Ko
A NEW SAFE HARBOUR RULE ISSUED THIS SUMMER HELPS GERMAN INVESTORS DETERMINE WHETHER OR NOT THE TAXMAN WILL PENALIZE INVESTMENTS IN FOREIGN PRIVATE EQUITY FUNDS
A UNION PROMISES TO BATTLE THE TURNAROUND FIRM AT WORK, AT HOME AND AT PLAY
TWO RECENT LARGE DEALS SAW PRIVATE EQUITY FIRMS ESCHEWING TRADITIONAL ‘FUNDING CONDITION'SAFETY NETS
Johnny on the spot 2005-08-01 Staff Writer Some issues related to running a private equity firm are perennial ? we cover these. Other issues are of-the-moment ? we cover these as well, especially in this, the August edition of <italic>Private Equity Manager.</italic><br /><br />Many o
Energy Investors Funds launched in 1987 as the first private equity fund manager dedicated exclusively to the independent power and electric utility sectors. In December 2003, the group's management team bought itself out entirely from then-owner Dresdner Kleinwort Capital, making it the first time in its history that itwas not a captive firm. With offices in Boston, New York and San Francisco, Energy Investors Funds power investments are located worldwide, but have a clear US focus. This intersection of the expansive energy and private equity sectors, then, provides a daunting task for anyone charged with running the firm. But Mitchell Coddington, partner and chief financial officer at Energy Investors Funds, is up to the challenge. Having joined the firm in 1993 from commercial real estate investor Property Capital Associates, Coddington today heads up all treasury, financial reporting, account, tax and IT matters. As a member of the firm's Investment Committee, he is involved at some level in every investment Energy Investors Funds makes, while as part of the Executive Committee, he helps to manage all of the day-to-day operations of the organization including human resource issues, and to set short and long term goals for the organization.