People Moves

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

Give good meeting 2006-04-01 Staff Writer A good private equity GP wouldn't dream of doing a deal without first traveling to the company in question, meeting all the senior executives, strolling the ?factory floor,? speaking with customers and suppliers and kicking the hell out of the proverbial tires.<br

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

How GPs track the deal work done by individual professionals continues to evolve, as the industry grows in complexity and under-rewarded deal pros vote with their feet.

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

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.