The year 2009 was an eventful one for private equity. Managers of private equity firms learned a number of important lessons, which will likely guide how they do business in 2010 and beyond. Kevin Ley details five takeaways from 2009.
Two members of the Boston firm’s back office team – Mary Traer and Karin Lagerlund – have been promoted and given managing director titles.
Private equity insiders say the Australian Tax Office's push for tougher taxation rules on foreign private equity investors could also impact investment in other asset classes, including infrastructure.
Draft legislation, which would require all private equity, private equity real estate and hedge fund managers with more than $150m in assets to register with the SEC, must now face a test in the Senate.
Doron Lipshitz and David Schultz of O’Melveny & Myers outline recently released SEC guidance for public securities disclosure requirements.
After hearing evidence from industry witnesses about “protectionist” elements of proposed EU regulations, the UK’s House of Lords has written to the Financial Services Secretary about the threat to the EU’s global competitiveness.
The buyout firm has underwritten its portion of the deal entirely with equity, and will look to put a debt package in place before it completes in 2010.
Asia’s association for unlisted real estate vehicles will adopt the “ready-made” framework used by INREV, which will help the sector be more transparent and become better governed, according to Nick Loup, chairman of ANREV and chief executive officer of Grosvenor.
Gary Lachman of Lachman & Yeniaras explains the fund structures that work best for managers looking to take advantage of Turkey's strong real estate market.
House Ways and Means Committee chairman Charles Rangel today introduced the Tax Extenders Act of 2009, which would tax carried interest as ordinary income rather than capital gains. Similar tax increase proposals have previously come up short in the Senate.