Private Equity Firms Showing Investors the Exit in Secondary Sales

September 23, 2011

Under pressure to exit aging portfolios and generate investor returns, private equity firms increasingly turning to strategic or secondary sales due to the unfavorable conditions in the IPO market. Sitting on portfolios that originated during the height of the market in 2007, many private equity and venture capital funds are seeking alternative exit routes in […]

Read the full article →

The Fuss over Carried Interest: A Layperson’s Guide

September 14, 2011

The latest jobs-creation proposal presented by President Obama once again targets carried interest as a source of tax revenue keeping it at the forefront of private equity compensation discussions.  Ever since it became the focus of the democrats’ insatiable desire to get the “rich” to pay their fair share of taxes, the term “carried interest” […]

Read the full article →

Private Equity Investment Increasing but so is the Heat

September 7, 2011

In our last post, Private Equity Funds Feel Investor Pressure, we highlighted the findings of a Bain & Company report that uncovered a growing trend of investor disenchantment with the recent performance of private equity general partners and the general lack of transparency in their management.  A more recent study by SEI and Greenwhich Associates […]

Read the full article →

Private Equity Funds Feel Investor Pressure

August 31, 2011

Following several years of stunted performance and investor confidence, private equity firms are adjusting to a “new normal” in their relationship with limited partners who are increasingly exercising the power of their purse to forge more favorable terms.  In its 2011 Global Private Equity Report, Bain & Company revealed several new trends in how private […]

Read the full article →

Are Private Equity Firms really the Bad Guy?

August 24, 2011

With Mitt Romney at the top of a heated Republican primary race, there is a renewed focus on his tenure as the head of Bain Capital, and, as the democratic opposition is want to point out, his leadership over the loss of hundreds or thousands of jobs through company liquidations.  These ad hominem attacks on […]

Read the full article →

Private Equity Firms now in the SEC’s Crosshairs

August 17, 2011

Private equity firms have been quietly flying under the radar of Washington regulators until recently when the Dodd-Frank Act widened the scope of targeted financial firms for imposing new rules on compensation. At the heart of the financial reform law are proposed rule changes that would apply to all financial firms with $1 billion of […]

Read the full article →

A Growing Chorus for Private Equity Pay Change?

August 11, 2011

Is the private equity fund structure broken? Over the last few years there has been an increasing chorus of calls for changing the private equity fund structure to in order to update the model and realign the interests of fund managers with their equity partners. The angst behind these calls is that private equity funds […]

Read the full article →

Private Equity Firms Cuffed by Sweeping Directive

August 3, 2011

Managers of private equity funds in Britain thought they had dodged a bullet when the initial rules from the Alternative Investment Fund Management directive were published last year. But, according to a consultancy report by Pricewaterhouse Coopers Intl, it appears that they have been swept up into a more far reaching interpretation of the directive […]

Read the full article →

Private Equity Restrained But Optimistic Regarding Recent Events

June 3, 2011

In a recent Wall Street Journal blog entry, Shira Ovide somewhat tongue in cheek laments the passing of blockbuster private equity deals and $3 million birthday parties for private equity firm heads in favor of much more subdued recent deals. These deals include KKR’s acquisition of Academy Sports + Outdoors, a 131-store sporting goods retailer, […]

Read the full article →

BlackRock Enters Private Equity Field

May 27, 2011

BlackRock, the world’s largest money management firm, has entered the private equity field by hiring three veteran private equity industry veterans. George A. Bitar, Mandakini Puri and Nathan Thorne, all previously with Merrill Lynch Global Private Equity, have joined BlackRock as Managing Directors of BlackRock Global Private Equity. A part of BlackRock Alternative Investors (BAI), […]

Read the full article →

← Previous Entries

Next Entries →