David Snow

PERE Magazine December 2008/January 2009 issue

One of the firm’s portfolio companies, Aozora Bank, is a victim in the alleged Ponzi scheme, and the chairman of another portfolio company controls a feeder entity that may have lost $1.8bn to Madoff.

The founder of a notable New York law firm has been accused of impersonating an Ontario Teachers’ Pension Plan official, reportedly in an attempt to defraud real estate and private equity firm, Fortress Investment Group.

How much confidence do LPs have in private equity? They’re begging GPs to slash valuations and scrambling to throw more cash at the asset class, writes David Snow.

The Los Angeles ‘full service’ real estate firm will leverage its close relationships with banks to target property buying opportunities. The fund will focus on the US West Coast, Hawaii and Japan. Kennedy Wilson's last fund raised just $150m.

David Snow has some ideas for the US government, now the largest private equity firm in the world.

The financial-services private equity firm is working with China's sovereign wealth fund and the major US bank on a joint bid, according to according to a report from the Financial Times.

The firm that Stephen Schwarzman and Peter Peterson left in 1985 has crumbled to a roughly $3bn market capitalization, versus Blackstone’s $4bn. It follows moves to spin off its $30bn commercial real estate exposure and sell a 55 percent stake in its PE and RE arms.

Carlyle is making up for losses with some burned investors, reveals David Snow.

The New York firm’s debut fund, targeting ‘unconventional’ deal flow, is nearly halfway to its $250m target.