Finance & Accounting

News on professional service providers to the private equity market.
K-1s are sure to be later than usual this year as finance teams wrestle with FAS 157. But technology can help to streamline the process.
Japan's move to scrape its onerous capital gains tax could help boost its current dwindling foreign private equity numbers.
A new report says half of the UK firms pledged to the Walker Report guidelines do not meet the bar for transparency.
While not triggering a feared mass exodus, the UK's recent tax changes have led to worries about the country's future as a financial headquarters.
Taxing times (Editor's Letter) 2009-02-01 David Snow If you like taxes, you're going to love this issue of <em><italic>PEI Manager</italic></em>.<br /> <br /> If you don't like taxes, you're going to want to read it anyway – we present in this issue a lineup of impressiv
Managing director Ramesh Chakrapani has been suspended from Blackstone’s corporate advisory group after having been charged with passing on details of the 2006 Albertson’s buyout.
Only half of the 32 participating private equity firms are in full compliance with the BVCA-backed Walker Guidelines, the first report shows. The guidelines were established in 2007 by David Walker. Participating private equity firms include The Blackstone Group, 3i and Kohlberg Kravis Roberts.
CONTESTANT: Richard Claywell, Principal, Claywell & Associates, Member of the National Association of Certified Valuation Analysts
In October distressed debt hedge fund manager Monarch Alternative Capital - which spun out of Quadrangle in January 2008 - closed a private equity-style hedge fund in excess of $300 million, combining the advantages of both asset classes: the fund can invest in opportunities when they are available and hold lower cash balances than typically held in a hedge fund. Jennifer Harris spoke with CFO Michael Maroof about the firm and the new fund.
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