The redefined role of operating experts at private equity firms has enhanced the industry's allure for corporate executives.By Ken MacFadyen
A trade union active in the US and Canada is trying to discourage limited partners from investing in funds advised by Texas Pacific.
The UK's status as a benign environment for private equity funds could be endangered by a change to carried interest rules. But how serious is the threat? By Andy Thomson
New York-based WL Ross & Co. LLC, founded in 2000 by distressed maestro Wilbur Ross, is active around the world, but particularly in Japan and Korea. The job of overseeing the complex financial and tax issues arising from this mixture of bankruptcy and global activity falls to Michael Gibbons. Prior to joining WL Ross in 2002, Gibbons was a co-founder of the hedge fund and investment partnership specialty practice group at Marcum & Kliegman. He spoke with us recently about his expansive role at an expanding distressed investment giant.
As private equity valuation guidelines have evolved and converged, the industry has reached a critical mass for fair value accounting. By David L. Larsen
The legal environment in Spain has traditionally prevented the use of competitive private equity fund vehicles. But the country's new Private Equity Act has ushered in a very competitive regulatory and tax regime. By Javier Morera, Alejandro Hurtado, Isabel Rodríguez and Alberto Ruano
Investment committees make or break returns but tend to be as idiosyncratic as the individual partners who serve on them. By David Snow
IN-HOUSE PROFILE 2006-03-01 Staff Writer Career path: Harvard Law School; corporate attorney at law firm Fried, Frank, Harris, Shriver & Jacobson focused on M&A and private equity investments; joined Rho Capital as General Counsel in 2001.W
Weil Gotshal and Allen & Overy gain private equity powers.
David Mahon has risen to the numerous challenges of establishing his eponymous private equity firm as one of China's most experienced investment houses.