The Institutional Limited Partners Association reiterated its stance after Republican presidential nominee Donald Trump said he would raise tax on carried interest.
3 min read · 15 August 2016
The US’ largest public pension has brought almost $10bn in private equity and real estate fund stakes to market since 2007 and shows no signs of slowing.
3 min read · 15 August 2016
Average high bids fell to 91% of NAV in the first quarter as buyers sought younger funds, according to data from PEFOX.
2 min read · 14 August 2016
The alternative to debt or a secondaries sale is gaining traction, with Vision Capital the latest player to enter the fray.
3 min read · 12 August 2016
This will be the eighth global office for the Canadian pension giant, which bought a $1bn portfolio of private equity fund stakes from Australia’s sovereign wealth fund at the beginning of the year.
1 min read · 12 August 2016
If a fund’s main investor base is in the UK, products may be re-domiciled to the UK and become unavailable to European investors, according to MUFG Investor Services’ COO.
1 min read · 11 August 2016
The New York-based investment bank has to meet Volcker Rule standards, which requires banks reduce their private investment interests to 3% of their tier 1 capital by the new July 2017 deadline.
2 min read · 11 August 2016
The secondaries firm has made a number of recent hires including former Deutsche Bank, StepStone and JPMorgan professionals.
1 min read · 11 August 2016
The firm manages two other real estate-focused funds, the $250m Clairvue Capital Partners I and $120m Clairvue Capital Partners II.
1 min read · 10 August 2016
The US’ largest public pension disposed of 46 fund interests with 24 managers and made $450m in proceeds during the period, according to a consultant’s report.
2 min read · 10 August 2016
