Regulation

The initiative will aim to address the lack of long-term investment in British businesses.

Doubts over whether plans to tax carry as income will be actionable have been raised, along with suggestions a renewed legislative proposal to do so may fail.

Experts at a Duff & Phelps seminar at London’s Shard building shone some light on the outcome of the (latest) unexpected election result.

The industry is digesting the implications of a surprise, and, for many, unpopular victory.

Former Park Hill partner Andrew Caspersen was handed a lenient sentence on account of his gambling addiction.

The New York-based bank plans to request additional extensions for the vast majority of the $2.3 billion investments while considering other options, such as secondaries sales.

UK trade minister Mark Garnier said on Wednesday the UK is likely to lose its financial passporting rights as a result of Brexit, but research suggests the alternatives industry would be relatively unscathed.

Industry players predict closing the carried interest loophole will be an immediate priority for the incoming US president.

In the world of private equity, Trump supporters are keeping their preferences to themselves for fear of upsetting investors.

The Chief Secretary to the UK Treasury David Gauke praised the work of the private equity industry in an address to LPs and GPs in London on Thursday.