People Moves

The Cleveland, Ohio-headquartered firm has acquired a Korean preschool operator, its second deal in Asia, and its 20th in 2008.

The publicly listed investment firm also disclosed in its second quarter earnings call that it is nearing its $2.5bn target on a private equity-style credit fund – yet its fundraising pace has dropped more than 70 percent compared to the same period last year.

The $67bn Pension Benefit Guaranty Corporation is branching out into alternatives and seeking up to three private equity and real estate advisors to manage a $5.5bn alternatives ‘pot’.

The IRS is closing the window to comply with 409A of the Internal Revenue Code statute concerning deferred compensation, and those that dawdle in compliance efforts will face stiff penalties. By Jonathan Lewis and Elizabeth Pagel Serebransky, Debevoise & Plimpton

There are profits to be made in the emerging markets, but do your homework before rushing in, says Jeremy Hurewitz, a senior consultant in the global services division of Control Risks North America. To learn more about Control Risks, visit http://www.control-risks.com.

Addressing the pension liabilities of a UK company often requires that the private equity bidder sit down with the trustees early in the deal process

Forensic accountants can expose troubles before a deal closes, and help establish procedures to ensure that any balance sheet smoke never becomes a fire. Here are a few guidelines for when and how to use these experts.

Three litigation attorneys share with PEI Manager their predictions for the most important sources of litigation and other risks for private equity firms in today's uncertain markets

General Counsel, GTCR Golder Rauner, discusses his career path

How did 14 financiers in New York earn an impressive reputation for betting on Latin American power assets?