Katherine Bucaccio

 Xenia Loos has joined from AAC Capital as the social impact investment firm pushes to expand its team worldwide.

The proposed legislation is part of a multi-state effort on carried interest tax reform, and aims to close the current ‘loophole’ at the state level by taxing carry as ordinary income instead of as capital gains.

After studying 73 US public plans, Pew advocated for the use of the ILPA fee template and recommended that all plans report bottom-line performance both net and gross of fees.

 The Institutional Limited Partners Association has been speaking at private equity industry events across Europe and the US to raise the profile of its new fee reporting template.

Already facing prison time, Federico Buenrostro will pay $250,000 to settle the civil lawsuit from the pay-to-play scheme he ran while leading the pension fund.

 Tosi, who resigned last year, earned $3m more in 2015 than in 2014 despite being ineligible for any bonus compensation.

Proposed by state assemblyman Ken Cooley and backed by treasurer John Chiang, the bill would not only require GPs to provide detailed fee information to state pensions, but would also require pensions to disclose that information to the public.

 The regulator has made ‘informal’ inquiries regarding Carlyle’s historical monitoring fee acceleration practices.  

The largest US pension system has launched its effort to replace current chief executive Anne Stausboll, offering a six-figure salary and a sizeable yearly bonus.

A vast majority of respondents in Augentius’ private equity survey say the directive has not delivered on its promise of increasing investor protection.