The Carried Interest Loophole Survives Another Political Battle
The latest effort to narrow the preferential tax treatment used by private equity executives failed after Senator Kyrsten Sinema objected.
The latest effort to narrow the preferential tax treatment used by private equity executives failed after Senator Kyrsten Sinema objected.
Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.
Literacy Capital, a UK-listed closed-end investment company, has acquired UK-based home fragrance manufacturer Ashleigh & Burwood.
IK Partners has appointed Bank of America to guide its exit from Nomios, a Netherlands-based IT services provider, two sources familiar with the situation said.
Top Tier Capital Partners has boosted its assets under management to $8.1bn thanks to a new fund close. The post Top Tier boosts AUM past $8bn with new fund close first appeared on AltAssets Private
An investor group led by Apollo Global Management has agreed to to acquire outsourced aircraft and aviation operating services Atlas Air Worldwide for an enterprise valuation of $5.2bn. The post Group led by Apollo strikes
Eagletree Capital is reportedly eyeing up to a $2.1bn hard cap for its sixth flagship buyout fund, almost double the total it raised for its last vehicle in the series. The post EagleTree Capital eyes
Aerospace, defence and government services-focused buyout house AE Industrial Partners has promoted Nathan Dickstein has been promoted to managing director and head of its Aerospace Opportunities Fund. The post AEI promotes Dickstein to managing partner,
Denver-based Bow River Capital has soared past its goal for its third flagship private equity fund to hit a $590m final close. The post Bow River keeps ‘Rodeo Region’ focus with new $590m private equity fund
ACON Investments has raised about $700m for a continuation fund in connection with the partial sale of hat and cap maker New Era Cap from its ACON Equity Partners IV fund. The post NFL, MLB
Tech-focused firm Cornerstone VC, born out of black-led angel group Cornerstone Partners, has held a first close on GBP 20m for a fund dedicated to invest in diverse UK companies at pre-seed and seed stage.
Software-focused buyout house Thoma Bravo has reached a deal to take Ping Identity private at a $2.8bn enterprise value. The post Thoma Bravo to take Ping Identity private at $2.8bn enterprise value first appeared on
Latin American entrepreneur owned businesses focused L’ATTITUDE Ventures has closed its first institutional fund on over $100m. The post Latin American business-focused L’ATTITUDE Ventures closes $100m first fund with big bank backing first appeared on
Arena Investors has scored another huge fundraising success by collecting almost $1bn for the final close of its latest opportunities fund targeting dislocations caused by the Covid-19 pandemic. The post Arena Investors’ big success targeting
HighPost Capital, the private equity house co-founded by the half-brother of Amazon creator Jeff Bezos, has pulled in $420m for the final close of its inaugural fundraise. The post Jeff Bezos’ brother’s private equity firm
Financial services-focused private equity house JC Flowers has raised more than $1.1bn for the final close of its fifth flagship fundraise. The post JC Flowers continues recovery from troubled $7bn Fund II investments by raising
JP Morgan Global Alternatives has made two hiring to enhance its private market capabilities. The post JP Morgan Global Alternatives makes two hires to enhance private market capabilities first appeared on AltAssets Private Equity News.
Florida State Board of Administration has committed $180m to Apollo Accord Fund V, P&I reported quoting a new manager report. The post Apollo’s dislocation credit fund gets Florida State Board of Administration backing first appeared
$272bn-managing New York State Common Retirement Fund has announced its latest round of $3.8bn of allocation to alternatives and private equity. The post New York State Common Retirement Fund makes $732m private equity allocation first
Listed private investment firm ICG has raised EUR 8.1bn for the eighth vintage of its flagship European Corporate fund, exceeding its EUR 7bn target.
