October 2008 Issue


    Month: October
    Year: 2008

    Back to Print Editions

    Avoiding the honeymoon from hell

    In tough economic times, the threat of post-acquisition disputes looms larger than ever. 

    Phantom menace

    US private equity firms need to consider passive foreign investment companies rules in their tax planning, or risk being hit with phantom income. 

    Be aware of BEA

    Non-US acquirers need to know about America’s Bureau of Economic Analysis filing requirements. 

    Would you like some co-invest with that?

    As LPs become commitment-phobic, GPs are coming up with innovative, face-saving ways to lower fees and keep the customers in the restaurant. 

    Buyers' market

    With a downturn in the financial markets, limited partners may now find themselves holding more chips at the bargaining table with regard to terms and conditions. 

    Carried away

    Ever the efficient tax planners, how will private equity GPs reconfigure the economics of their funds to meet the looming specter of an increase in the tax rate on carried interest?

    Moving East

    Law firms are ramping up their Asia operations. 

    Northern exposure

    After nearly 20 years investing on both sides of the Canadian border, CAI is prepping its next generation of leaders. 

    A few key men

    The writing of key man provisions is a delicate art, one that requires planning, negotiation and sensitivity to the dynamics between partners as well as those between GPs and LPs. 

    Pakistan lays framework for private equity

    The new rules provide more clarity with regard to private equity fund formation, registration and fundraising. 

    Quadrangle hires CFO

    The media specialist has hired Steven Davidson of Mourant to strengthen its internal infrastructure. 

    Tough times for the locusts

    Germany is mulling several items of new legislation that could make life harder for private equity funds in the country. 

    Cerberus, Sun Capital named in Mervyns lawsuit

    The US department store has filed a lawsuit against its buyers, alleging the firms stripped it of its real estate assets in order to leverage its buyout. 

    Pension pain

    For the first time, the UK Pensions Regulator has forced a private equity firm to top up the pension scheme of a company it no longer owns. 

    Euro skeptic

    The European Parliament’s proposal to regulate private equity seems unlikely to change things much at all.