Tax & Accounting

Balancing the needs of investors and managers

Plans to simplify the limited partnership agreement are ambitious, lawyers say.

The BEPS effect

The global initiative is reshaping firm and fund structures.

Partners Group fee income exceeds €1bn for the first time

The Swiss investor posted its largest ever fee income last year, but its performance fee pool was down by one-third despite overall performance fee growth.

EisnerAmper opens in London and hires KPMG partner

Tax and consulting firm EisnerAmper has opened a London office and hired former KPMG partner Robert Mirsky to lead its presence in the city.

People moves: Blackstone, Pomona, Landmark promotions

Hires and promotions at fund managers, service providers and lawyers.

Pomona promotes CFO to partner

John Stephens's promotion comes as the secondaries firm seeks $1.75bn for Fund IX.

Ares becomes first listed alts manager to convert to a C-corporation

The firm has also set a new dividend policy with the potential for special dividends when performance fee income is particularly elevated.

The law of unintended consequences

The tax reform bill passed at the end of 2017 leaves private fund managers wondering what will befall them, but for now, there are short-term issues to deal with.

Riverside mulls US tax reform impact on payroll

The IRS is yet to issue its new tax brackets guidance, leaving uncertainty over how staff should be paid.

Senate passes US tax reform bill

The senate passed the US tax reform bill on Tuesday, with a final vote in the House scheduled for Wednesday. The proposals, which are expected to pass into law before the end of the year, include both positives and negatives for private equity.

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