April 2011 Issue


    Month: April
    Year: 2011

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    Q&A: Distressed investment in Italy

    Italian distressed fund investment specialist Dante Leone discusses what factors are preventing the country from fully embracing the investment strategy

    Talking points: ILPA's new rules

    The Institutional Limited Partners Association continues to change the game for LP-GP negotiations. The guidelines are resonating with GPs

    KKR hires head of Euro distress

    Former York Capital executive Mubashir Mukadam will lead the European special situations arm of KKR’s expanding $15 billion asset management platform.

    Africa-focused firm hires SNR Denton partner

    London-based Trinity International has named emerging markets specialist Hugh Naylor as its private equity chief.

    Baring PE names new legal head of South Asia

    The pan-Asia firm has recruited India-focused lawyer Kirti Ram Hariharan from Paul Hastings.

    Jersey Finance plants flag in India, UAE

    Jersey delegates will meet with political and business leaders in Mumbai and Abu Dhabi as part of a wider campaign to lure business to the offshore island

    US, UK soften visa rules to attract VCs

    In the quest for greater economic recovery, the US and UK governments are rethinking visa rules in order to lure more foreign entrepreneurs and investors.

    Orrick strengthens PE practice in China

    The global law firm has hired Jeffrey Sun Jie as a partner in its Shanghai office.

    Jersey set to offer two new partnership vehicles

    The offshore financial centre is looking to lure funds to its shores through the creation of “separate limited partnerships” and “incorporated limited partnerships”.

    New Silk Route's Gupta charged with insider trading

    After months of investigation, the India- and MENA-focused firm’s chairman and co-founder has been charged with allegedly providing confidential information to Raj Rajaratnam, founder of hedge fund Galleon.

    Squadron hires head of IR, promotes two

    The Asia-focused fund of funds manager has hired Chau Ly in a newly created position as director of investor relations and business development.

    UK M&A watchdog presses on with takeover rules

    Proposed new rules would make it easier for target companies to ward off a takeover attempt, as well as eradicate break-up fees.

    Fund admin group Vistra to expand footprint

    The Carlyle Group's sale of Hong Kong-headquartered Offshore Incorporations Group to IK Investment Partners will 'expand Vistra's footprint in mainland China'.

    Investindustrial to open NYC office

    The Southern European-focused mid-market firm will continue its expansion abroad with its first-ever North American office.

    UK budget measures to boost SME funding

    Tax measures and policies designed to reenergise economic growth were unveiled in the UK budget Wednesday. Meanwhile, the levy for some non-doms has been raised to £50,000.

    News analysis: setting a succession plan standard

    ChrysCapital will undoubtedly suffer with the departure of founder Ashish Dhawan, but its handling of his exit was flawless.

    KKR public investor relations head to depart

    Jonathan Levin, who was chosen to lead communications with public investors in 2009 as the firm listed on Euronext, is leaving to join hedge fund Grosvenor Capital Management in Chicago.

    LPs push managers to embrace ESG

    More than one-third of LPs say they have turned away GPs based on an insufficient grasp of environmental, social and governance issues.

    BVCA: Leading the charge

    On the first day in his new job, BVCA chief executive Mark Florman sat down with us to run through his to-do list

    LPs voice concern over 2011-2012 vintages

    Limited partners last week warned GPs that fundraising in 2011 will be anything but easy unless firms can prove their ability to ‘generate outsized alpha’.

    Fortress CEO may face civil charges

    Daniel Mudd will challenge a ‘Wells notice’ served by the SEC, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis