Jennifer Harris

The EU Parliament’s Economic and Monetary Affairs Committee was scheduled to vote on a final version of the controversial AIFM Directive, but the vote was delayed one week for procedural reasons.

The Private Equity Council’s president, Doug Lowenstein, said at a conference Wednesday a tax hike on carried interest is likely to pass – and it’s just one of several tax measures that will hit GPs in the wallet.

Oak Hill will buy the casual dining and arcade game chain from Wellspring Capital. Dave & Buster’s abandoned plans for a $170m IPO in mid-2008.

A planned amendment from Senator Jack Reed could make the Senate’s financial reform bill much less friendly to venture and private equity fund managers.

A crucial vote on EU transparency requirements was delayed by Eyjafjallajokull last week, but regulatory overhaul in the US marches on.

The Monetary Authority of Singapore has set up a dedicated department to supervise intermediaries in the fund management industry.

Lobbying organization the Private Equity Council is welcoming more members into the fold – but many firms are cautious about joining a club launched by mega buyout GPs.

Mohammad Almojel was previously an associate director at MerchantBridge Private Equity, and sits on the board of the Saudi-British Business Council.

Jean-Paul Gauzes, the rapporteur for AIFM, has suggested a way of replacing the controversial third-country rules.

Despite Timothy Geithner’s assurances to EU finance ministers, new rules for alternative investment fund managers are still being volleyed in Congress.