Mid market firm LDC is buying a minority stake in GVA Grimley despite fears of a slowdown in UK commercial property transactions.
Duke Street Capital’s decision to report on all its portfolio companies will boost the number of companies affected by the Walker code. Walker estimated 65 portfolio businesses would be compelled to report from day one.
In a further sign of institutionalisation at the global private equity giant, and ahead of an expected IPO, KKR has lured David Sorkin, a lawyer from Simpson Thacher, to become general counsel, as well as named new heads of human resources and information technology.
Sir David Walker’s report on transparency and disclosure has encouraged UK industry body, the BVCA, to name, shame and expel non-compliers with his proposed code.
The private equity firm that made its name turning around the Japanese bank has returned to bail out a beleaguered Shinsei with the largest-ever private equity deal in the Japanese banking sector.
San Francisco-based placement agent Probitas Partners has added a new vice president in an effort to expand its real estate team.
A new tax on carried interest would be ‘a lot bigger than just private equity’, according to Phillips Hinch, a tax specialist with the US Chamber of Commerce, which recently released the second half of its study on proposed policy changes to carried interest taxation. Hinch tells PEO's Amanda Janis why the chamber opposes a change to carried-interest tax policy.
The private equity firm is developing two LEED-specific office buildings in the fast-growing Houston property market.
The Dallas –based firm is adding to its hospitality roster with an eye to further hotel funds and investment mandates within the next two years.
Looking to increase its presence in the Southern California real estate market, Rockwood Capital has opened an office in Los Angeles—its second office in The Golden State.