Direct lending managers are looking for partners to take the reins on day-to-day operations as they navigate rapid expansion, says MUFG’s Treabhor Mac Eochaidh, executive director and head of debt services.
Lombard International head of investments Virginia Klein debunks three common myths about private placement variable insurance structures and argues they’re more like traditional funds than many managers believe, but with major potential tax benefits.
A House bill, as currently written, came as a surprise to the market, as other regulatory, inflation and competitive headwinds abound in private equity. But Fall Forum panelists kept their chins up about the future.
A US Chamber of Commerce report predicts the tax could see the PE/VC industry shrink by nearly 20%. But a House committee moved to take its edge off, and one finance exec shrugs at even the worst proposals.
The firm is backing new legislation, which it will soon pilot, that combines the most attractive aspects of the regulatory frameworks from various states; and it wants industry input to help it make it a success.