David Snow
San Francisco-based Paul Capital Investments has hired Dana O’Brien, a Cornerstone Equity co-founder, to lead a New York-based programme for co-investment alongside the firm’s GP relationships.
San Francisco-based Paul Capital Investments has hired Dana O’Brien, a Cornerstone Equity co-founder, to lead a New York-based programme for co-investment alongside the firm’s GP relationships.
Billionaire real estate investor Sam Zell has been selected to back the $8.2bn privatisation of newspaper publisher Tribune Company, a transaction which involves the sale of a stake in a Chicago baseball team and an Employee Stock Ownership Plan.
A New York Times editorial today decried the ‘wasteful gamesmanship’ that it claimed results from the low capital gains tax currently enjoyed by US general partners.
Billionaire real estate investor Sam Zell has been selected to back the $8.2bn privatisation of newspaper publisher Tribune Company, a transaction which involves the sale of a stake in a Chicago baseball team and an Employee Stock Ownership Plan.
A New York Times editorial today decried the ‘wasteful gamesmanship’ that it claimed results from the low capital gains tax currently enjoyed by US general partners.
The financial data giant has drawn up a list of 25 publicly traded ‘private equity’ entities around the world to be used as a performance benchmark. Over the past three years, the index has outperformed S&P’s Global 1200 index by more than 700 basis points.
The New York middle-market firm has bolstered its team with the addition of experts in the fields of manufacturing and healthcare.
The Austin, Texas-based sale-leaseback firm has begun investing its sixth fund.
General partners are scrambling for more information amid vague indications that members of the US Congress might consider drafting legislation that would recharacterise carried interest as ordinary income, which if enacted would drastically raise the tax on GP profits. One legal source called these fears ‘unfounded’.