Nicholas Donato

With Japan still reeling from the largest earthquake in its history, private equity business in the country has been put on pause.

The UK-listed firm has hired leveraged finance veteran Rob Reynolds to lead its credit-focused fund.

Private equity managers can strategically execute “Material Adverse Change” clauses to renegotiate deals in their favour – though doing so brings significant reputational risk.

Cerberus’ abandoned deal to acquire US hotel chain Innkeepers may signal a return of firms exercising Material Adverse Change or Material Adverse Effect Clauses in response to global market uncertainty.

Cerberus’ abandoned deal to acquire US hotel chain Innkeepers may signal a return of firms exercising Material Adverse Change or Material Adverse Effect Clauses in response to global market uncertainty.

The industry’s European lobbying arm has welcomed the continent’s proposal for a venture capital marketing passport, saying it would help drive growth in the struggling region.

A wave of incoming regulations is helping fuel activity in the secondaries market, which for some GPs means big compliance headaches.

Anis Bibi has resigned from Dubai-headquartered SHUAA Capital, which is slashing 11% of its workforce amid first quarter losses.

While performance-based carried interest will be paid out to even the worst-performing funds which invested in the run-up to the industry's golden era, those raised during the boom may fail to pay any carry at all, new research shows.

Some GPs aren’t doing everything in their power to minimise portfolio companies’ tax bills and exposure to tax risk, warns PwC tax partner Barry Murphy.