Regulation
Bill Seeks to Close Private Equity Compensation ‘Loophole’
The legislation aims to increase the rate at which PE and hedge fund managers are taxed.
The legislation aims to increase the rate at which PE and hedge fund managers are taxed.
The buyout firms are increasingly popular among institutional investors—Carlyle just raised $27 billion.
Private and public equity gains of 51.9% and 41.8% boosted the fund’s asset value to $308.6 billion.
Shane Feeney will oversee the secondaries program at the Toronto-based private markets investment firm.
Eric Malley induced more than 300 people to invest in purportedly debt-free luxury properties.
Elliot Smerling could face more than 60 years in prison for wire fraud, bank fraud, and identity theft.
The sovereign wealth fund invested $29 billion into growth sectors, including in technology, life sciences, and consumer goods.