Amanda Janis

The Fiscal Policy Institute estimates a two percent tax on carry would produce annual revenues of $160m to $200m – a figure budget-conscious legislators aren’t likely to miss.

Where's the US Private Equity Association? asks Amanda Janis

The private equity advisory firm is currently interviewing candidates to lead two new international offices as the regions’ investors become increasingly important in private equity.

PERE's sister news service PEO interviews Alberto Torrico, the California assemblyman who recently introduced a proposed law that would force the state’s public pensions to cease ties with firms that are partially owned by certain sovereign wealth funds. Torrico tells PEO he is particularly targeting alleged human rights abuses in the United Arab Emirates, and that the objections voiced by pension investment staff are “overstated, exaggerated”.

The public pension has set policies for three of the four components making up its inflation-linked asset class, but said infrastructure policy will be considered later as it is the ‘most complex’.

The New York firm has promoted David Cynn and Thierry Ho to managing directors and Michal Petrzela to vice president.

Upon his arrival to testify in a trial regarding portfolio company Korea Exchange Bank, Lone Star chairman John Grayken has reportedly been detained and banned from travel for 10 days.

The US’ largest pension fund has purchased yet another stake in a big-name buyout firm, reportedly paying $275 million for an interest in Silver Lake.

Following weeks of labour union protests, government scrutiny and several extensions of the deal’s closing date, Carlyle has completed its $6.3bn buyout of US nursing home chain Manor Care.

The largest US pension fund has approved an increase to the asset class, which will now be allocated 10 percent of CalPERS’ $250bn portfolio.