Graham Winfrey
Latrobe Specialty Metals, purchased for $250m in 2006 by Hicks Holdings and The Watermill Group, intends to trade on the New York Stock Exchange under the symbol LAT.
The state has set aside new allocations to private equity, debt and infrastructure and for the first time is searching for managers to invest in timber assets.
The global alternatives group distributed $6.4bn to investors in the first quarter this year, almost as much as the $7.5bn it returned in 2010, according to the David Rubenstein-led firm’s annual report.
The global alternatives group distributed $6.4bn to investors in the first quarter this year, almost as much as the $7.5bn it returned in 2010, according to the David Rubenstein-led firm’s annual report.
KKR’s China Growth Fund hit the $1bn mark in March, but the firm’s existing Asia portfolio was the main attraction at its first-ever investor day.
A reworking of the country’s domestic tax system could lead to a 30 percent tax on carried interest. Shefali Goradia, partner at Indian tax advisory firm BMR Advisors speak about the risks facing foreign investors, local managers and Mauritius-domiciled funds.
A reworking of the country’s domestic tax system could lead to a 30 percent tax on carried interest. Shefali Goradia, partner at Indian tax advisory firm BMR Advisors spoke to PEI about the risks facing foreign investors, local managers and Mauritius-domiciled funds.
The firm, led by managing partner Robin Doumar, received commitments from pensions, insurance companies and sovereign wealth funds in Europe, Asia and North America.
The fund is understood to be targeting between $100m and $150m to invest in venture enterprises in India’s microfinance sector.
The Nordic firm has sold German cable provider Kabel BW, which it acquired from The Blackstone Group in 2006.