David Snow

Bank of America, Oak Hill, along with CalPERS and Harvard have created a unique, megafund-sized pool of permanent capital to be traded on the Euronext. The vehicle, Conversus Capital, is structured like a collateralised loan obligation with private equity fund interests as the underlying assets.

Bank of America, Oak Hill, along with CalPERS and Harvard have created a unique, megafund-sized pool of permanent capital to be traded on the Euronext. The vehicle, Conversus Capital, is structured like a collateralised loan obligation with private equity fund interests as the underlying assets.

Bank of America, Oak Hill, along with CalPERS and Harvard have created a unique, megafund-sized pool of permanent capital to be traded on the Euronext. The vehicle, Conversus Capital, is structured like a collateralised loan obligation with private equity fund interests as the underlying assets.

The global private equity giant is on the road now with a new fund that will attempt to close on substantially more than its previous $8 billion vehicle.

The global private equity giant is on the road now with a new fund that will attempt to close on substantially more than its previous $8 billion vehicle.

The global private equity giant is on the road now with a new fund that will attempt to close on substantially more than its previous $8 billion vehicle.

At press time, Blackstone’s shares were trading below the firm’s debut price of $31 per share, down significantly from its closing price of $35 just one day earlier.

At press time, Blackstone’s shares were trading below the firm’s debut price of $31 per share, down significantly from its closing price of $35 just one day earlier.

At press time, Blackstone’s shares were trading below the firm’s debut price of $31 per share, down significantly from its closing price of $35 just one day earlier.

Two powerful committee chairmen are backing a bill intended to scrap the low, 15 percent capital-gains tax treatment of GP carried interest in the US. The member behind the bill says the current tax regime on carry is unfair.