Some of the world’s biggest private equity firms – including KKR, Blackstone, Carlyle, Permira, Providence, Apax and Apollo – have committed to consider environmental, social and corporate governance issues when making investments.
Co-investments in its funds and assets continued to drive the bulk of the write downs, which will total A$2bn for its current fiscal year. The firm expects its profit to halve compared with last year's record A$1.8bn result.
Contestant: Susan Mangiero, Managing member, Business Valuation Analytics Member, National Association of Certified Valuation Analysts Not being too familiar with derivative instrument pricing and default risk analysis, a company hires an expert to investigate whether the swaps reflect a hedge versus a market bet and to further assess how the company should adjust the valuation of its equity stake. What does the expert need to look at and how should she arrive at an appropriate conclusion?
Godfrey Davies, Chief Financial Officer, CDC Group, London
In the second in a two-part series on debt buybacks, Steven Bortnick, Bradley Boericke and Timothy Leska explore the tax implications of structuring a debt purchase. In our January issue, they examined the legal implications.
Before expanding into China, private equity firms need to know how to structure funds and investments efficiently from a tax perspective. By John Forry of Eisner and Steve Bortnick of Pepper Hamilton.
In response to critics of the private equity industry's "excessive" renumeration, some jurisdictions around Europe have changed their taxation of carried interest income. This article is an expanded version of an article published in the November issue of PEI Manager. By Darren Docker, Gijs Fibbe and Christian Koedam of PricewaterhouseCoopers
While managers should be cautious of Barack Obama's proposed tax changes, they shouldn't rush to restructure their partnerships.
Lily Wong; Partner and US General Counsel/Chief Compliance Officer; Pantheon Ventures; San Francisco, California
Walkers and Goodwin Procter both opened offices in Asia in January.