News & Analysis

Simon Hamilton examines ways in which GPs can attract and retain talent, even when carried interest looks a long way off.

The departure of Joshua Gotbaum from Blue Wolf Capital will not trigger a key-man clause.

China's private equity market will make a much greater contribution to growth of the global economy than US private equity has in the past, according to the co-founder of The Carlyle Group.

Following a nine-month investigation, the bank reportedly has told investors that possible violations were centred on the “conduct of a single former employee” in Shanghai, according to Reuters. There was no evidence Kalsi “caused or authorised” the alleged misuse of assets, his spokesperson told PERE. Morgan Stanley could not confirm the statement.

The departure of Joshua Gotbaum from Blue Wolf Capital will not trigger a key-man clause.

More than 100 participants from the private equity industry spent Friday digging, building and painting as part of a Private Equity Foundation volunteer day in London’s East End.

Avneet Kochar and Frank Ranlett, Directors of Alternative Investments at AT&T Investment Management, propose a bold new standard of fee disclosure for the fundraising market – the ‘size/management fee/carried interest’ tag.

A survey of 120 UK fund managers found that over a third of respondents expect their next fund to be bigger than their current one. Portfolio management, new investments and exits are the biggest priorities for GPs over the next year.

Michael Green, a former member of the Cerberus investment committee, is leading a six-strong team at Tenex Capital Management.

The latest changes to Apax's Asian lineup include retirement of chairman Max Burger-Calderon and resignation of principal Michael Prahl.