Tag Archives: private equity firms
Congress told venture capital firms need oversight
Reuters – U.S. hedge funds and private equity firms told Congress on Tuesday that all advisers to private pools of capital should be subjected to the same level of federal scrutiny, including those managing venture capital funds. A draft U.S. […]
Venture capitalists not treated as hedge funds under House bill
The Hill – Venture capitalists breathed a collective sigh of relief Thursday when a proposal from the House Financial Services Capital Markets Subcommittee did not seek to treat them like private equity firms or hedge funds. Venture capital investors had […]
Wall Street money rains on Chuck Schumer
Politico – Schumer, No. 3 in the Senate Democratic leadership and the former chairman of the Democratic Senatorial Campaign Committee, has offered scads of proposals that the industry doesn’t like on issues from corporate governance to derivatives to the creation […]
EU hedge fund directive ‘could be softened’, says Liberal Democrat chair
Guardian – Britain’s efforts to soften a European directive aimed at imposing tough regulation on hedge funds and private equity firms has the support of most of the European Parliament, says Sharon Bowles, Liberal Democrat chair of the parliament’s Committee […]
Key elements of the Obama financial overhaul
AP – The Fed would gain power over big firms whose failures could traumatize the system. Previously unregulated hedge funds, private-equity firms and investment advisers would have to register with the Securities and Exchange Commission. All the regulators would force […]
China investing billions in hedge funds
The Korea Herald – China Investment Corp., the country’s sovereign wealth fund, is continuing to shift its investments away from cash and is investing billions in hedge funds and private-equity funds, chairman Lou Jiwei said. China Investment has invested “many […]
Harvard seeks to manage more money internally: report
Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under the control of internal investing staff over the next few […]
Europe buyout firms eye IPOs as stock mkts thaw
Reuters – European private equity firms are keen to start bringing their best-performing portfolio companies to market, encouraged by early successes on the other side of the Atlantic. Last week KKR successfully listed semiconductor business Avago Technologies Ltd and is […]
International Hedge Fund Rules May Trigger Migration
Now that some policymakers are shifting out of crisis mode, some of the competitive considerations that dominated regulatory discussions during the tenure of former U.S. Treasury Secretary Henry Paulson are re-emerging. Nowhere is this more apparent than in contrasting approaches […]
Interview: EU law set to discriminate against private equity
EurActiv.com – European Commission proposals to regulate alternative investment funds discriminate against private equity and favour direct competitors like sovereign wealth funds or maverick businessmen, Javier Echarri, secretary-general of the European Private Equity and Venture Capital Association (EVCA), told EurActiv in an interview. […]
EU should regulate not demonise hedge funds-Sweden
guardian.co.uk – A minister for Sweden, which took over the EU presidency on Wednesday, said hedge funds and private equity firms needed regulation but should not be viewed as a primary cause of the global financial crisis. Speaking after a […]
Hedge funds, private equity brace for U.S. reports
Reuters India – Hedge funds, private equity firms and other investors are scrambling to meet a looming deadline to report their offshore income, as U.S. tax collectors boost efforts to track foreign holdings. The reports will give authorities a glimpse […]
