Matt Levin

The bill, which would more than double federal taxes on carried interest, faces an uphill battle in the Senate. Senate Finance Committee Chairman Max Baucus asks 'why go through the motions?' if the carry provision is doomed from the get-go.

The middle-market buyout firm has acquired Broadlane, a provider of medical equipment and labor contracting services to the healthcare industry.

Kayne Anderson Energy Funds is also part of the consortium that has made an all-equity purchase of oil pipeline specialist Crestwood Midstream Partners.

The mega-buyout firm has revealed it booked $8.9 billion in returned equity and profits for LPs last year, while also addressing the failure of Carlyle Capital and the decline of the leveraged buyout boom.

The private equity energy giant has made its largest-ever investment into specialised insurance with its support of London-based Torus Insurance.

Apria Healthcare Group has also secured a $280m credit facility in conjunction with the take-private, a positive sign for the leveraged buyout world as healthcare continues to be a favored target.

US House Ways and Means Committee chairman Charles Rangel has again introduced a bill that would tax carried interest as personal income after dropping an identical provision last December.

The hedge fund manager has launched a distressed debt fund ‘with private equity features’, targeting up to $600m; Blackstone has reportedly launched its own debt vehicle seeking $1.5 billion.

The Tom Gores-led firm will sell PNA Group to Reliance Steel & Aluminum, just two years after acquiring the Atlanta-based steel maker.

Polaris Acquisition, led by former Apollo advisor Marc Byron, has acquired the dashboard navigation system maker for $700m, though Apollo will retain its majority stake in the company.