Former U.S. Secretary of the Treasury Henry “Hank” Paulson wants the government to tax carried interest as regular income, rather than as a capital gain, he said at a Politico event hosted by Nasdaq in New York City on April 15.
The Los Angeles City Employees’ Retirement System disclosed three private equity commitments totalling $90 million in its April 14 meeting materials.
Three top shelf limited partners committed a combined $475 million to Blackstone Group’s latest flagship fund last week, according to market sources and retirement system documents.
Lone Star Funds plans to close Lone Star Real Estate Fund IV next week, according to market sources. Demand exceeds the vehicle’s $5.5 billion hard cap and many investors will likely see the size of their commitments scaled back, the sources said.
Worked on more than $4 bln in secondary deals at Partners Group Formerly employed at Goldman Sachs Was an associate at AlpInvest earlier in his career AlpInvest has hired Eric Hanno as principal after he worked most recently at Partners Group as a senior vice president of the firm’s direct and primary investment team. Hanno, 35, […]
The New Mexico State Investment Council unloaded its stake in an underperforming venture capital fund to settle claims that the fund’s parent, Spyder Management, participated in a pay-to-play scandal that embroiled the investment council in 2009.
EnCap Investments will hold a final close on its 10th energy capital fund this week, less than six months after launching fundraising, according to sources familiar with the vehicle.
The San Bernardino County Employees’ Retirement Association committed $25 million to Standard Life Secondary Opportunities Fund II at its April 2 meeting, a spokesman told Buyouts.
The State of Wisconsin Investment Board committed $390 million across eight private equity funds during the first quarter of 2015, according to April 8 meeting materials.
Steeped in the lower middle-market as co-founder of Miami-based investment bank Cassel Salpeter & Co, James Cassel’s deal backlog has grown as more families put businesses up for sale.
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