April 2011 Issue
Q&A: Distressed investment in Italy
Italian distressed fund investment specialist Dante Leone discusses what factors are preventing the country from fully embracing the investment strategy
Talking points: ILPA's new rules
The Institutional Limited Partners Association continues to change the game for LP-GP negotiations. The guidelines are resonating with GPs
KKR hires head of Euro distress
Former York Capital executive Mubashir Mukadam will lead the European special situations arm of KKR’s expanding $15 billion asset management platform.
Africa-focused firm hires SNR Denton partner
London-based Trinity International has named emerging markets specialist Hugh Naylor as its private equity chief.
Baring PE names new legal head of South Asia
The pan-Asia firm has recruited India-focused lawyer Kirti Ram Hariharan from Paul Hastings.
Jersey Finance plants flag in India, UAE
Jersey delegates will meet with political and business leaders in Mumbai and Abu Dhabi as part of a wider campaign to lure business to the offshore island
US, UK soften visa rules to attract VCs
In the quest for greater economic recovery, the US and UK governments are rethinking visa rules in order to lure more foreign entrepreneurs and investors.
Orrick strengthens PE practice in China
The global law firm has hired Jeffrey Sun Jie as a partner in its Shanghai office.
Jersey set to offer two new partnership vehicles
The offshore financial centre is looking to lure funds to its shores through the creation of “separate limited partnerships” and “incorporated limited partnerships”.
New Silk Route's Gupta charged with insider trading
After months of investigation, the India- and MENA-focused firm’s chairman and co-founder has been charged with allegedly providing confidential information to Raj Rajaratnam, founder of hedge fund Galleon.
Squadron hires head of IR, promotes two
The Asia-focused fund of funds manager has hired Chau Ly in a newly created position as director of investor relations and business development.
UK M&A watchdog presses on with takeover rules
Proposed new rules would make it easier for target companies to ward off a takeover attempt, as well as eradicate break-up fees.
Fund admin group Vistra to expand footprint
The Carlyle Group's sale of Hong Kong-headquartered Offshore Incorporations Group to IK Investment Partners will 'expand Vistra's footprint in mainland China'.
Investindustrial to open NYC office
The Southern European-focused mid-market firm will continue its expansion abroad with its first-ever North American office.
UK budget measures to boost SME funding
Tax measures and policies designed to reenergise economic growth were unveiled in the UK budget Wednesday. Meanwhile, the levy for some non-doms has been raised to £50,000.
News analysis: setting a succession plan standard
ChrysCapital will undoubtedly suffer with the departure of founder Ashish Dhawan, but its handling of his exit was flawless.
KKR public investor relations head to depart
Jonathan Levin, who was chosen to lead communications with public investors in 2009 as the firm listed on Euronext, is leaving to join hedge fund Grosvenor Capital Management in Chicago.
LPs push managers to embrace ESG
More than one-third of LPs say they have turned away GPs based on an insufficient grasp of environmental, social and governance issues.
BVCA: Leading the charge
On the first day in his new job, BVCA chief executive Mark Florman sat down with us to run through his to-do list
LPs voice concern over 2011-2012 vintages
Limited partners last week warned GPs that fundraising in 2011 will be anything but easy unless firms can prove their ability to ‘generate outsized alpha’.
Fortress CEO may face civil charges
Daniel Mudd will challenge a ‘Wells notice’ served by the SEC, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis