Home Carried interest

carried interest

New York
Apollo's Fund VIII returned to paying carry after recovering from the 21.6% devaluation of its private equity portfolio in the first quarter of last year.
The firm reported $6.4bn of realized proceeds in the first quarter, driven by exit activity in its Europe, Asia and US buyout funds, as well as AlpInvest and financial services, according to its earnings results on Thursday.
risk
Buyers are proposing fresh ways of ensuring sponsors stay aligned, according to a panel at PEI's Investor Relations, Marketing & Communications Forum.
Chancellor Rishi Sunak’s speech has allayed fears of a capital gains tax spike and laid out some intriguing initiatives for the industry, writes Tim Hames.
UK
The UK Chancellor needs to think carefully before making major changes in the Budget writes Daniel Parry, managing director in the tax team at Alvarez and Marsal Taxand UK.
Critics of private equity have long considered this a loophole that allows already-wealthy private equity GPs to pay less than regular workers.
Challenges to 'leaver' status determinations are likely to rise in today's market environment. Fox & Partners' Catriona Watt outlines what you need to consider if you're thinking about leaving your firm.
New York
The firm is back in market with a follow-up to its hybrid value fund and is on track to hit its $20bn fundraising goal for the year, co-founder Josh Harris said on its latest earnings call.
Kewsong Lee, Carlyle
The fair value of Carlyle's private equity portfolio climbed 13% in the second quarter, but co-chief executive Kewsong Lee says there's more to be done in terms of recovery.
The organization hopes to spark debate with its new deal-by-deal model LPA, which incorporates recent changes to its whole-of-fund model LPA. Private Funds CFO spoke with some of the people who developed it ahead of the LPA’s release.
pfcfo
pfcfo

Copyright PEI Media

Not for publication, email or dissemination