People Moves

Law firms are ramping up their Asia operations

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

FRONTLINE 2008-10-01 Staff Writer BNP Paribas launches distressed finance team Paris-based BNP Paribas Corporate and Investment Banking has created a new distressed finance group (DFG), and has appointed Alain Dib as its global head. Dib will report to Frederic Janbon, global

In a campaign that's been part street theater and part critical analysis, the Service Employees International Union has been confronting private equity on issues like the taxation of carried interest and the management of PE-backed companies. The SEIU is the largest union in the US, and also one of the most politically active. John Adler, director of the union's private equity program, spoke with Jennifer Harris about the tactics the SEIU uses to convey its key messages.

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

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

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

LPs are getting choosier over terms and conditions

Worst case scenarios 2008-10-01 Staff Writer Private equity's risks are touted in every PPM and every partnership agreement, but what terms and conditions are LPs winning to protect themselves when that key partner leaves, or when a lawsuit or other extraordinary dilemma threatens the fund?<br /><br

With $1.3 billion in total capital under management across investment funds in private equity, hedge funds, real estate and mezzanine capital at CITIC Capital Holdings, Eric Chan, the firm's chief financial officer, is a busy man. Chan, who joined CITIC Capital in early 2005 after working as an investment professional at the Government of Singapore Investment Corporation and International Finance Corporation in Singapore, speaks to Wanching Leong about building the fund administration team at CITIC Capital and the fast pace of life in Hong Kong.