Swimming against the carry tax tide

While the rest of the world is nudging up the tax payable on carried interest, Hong Kong is mulling a move the other way.
Jim Yong Kim_GIP

Global Summit: GIP’s Kim says creative de-risking ‘key’ to catalysing emerging market investment

In his first interview since leaving the World Bank, Jim Yong Kim said private investors needed to stop thinking of emerging markets as a ‘single risk pool’.

Global Summit: Potential damage from breaching social contract ‘outweighs costs of ESG’

Standardisation may still be a work in progress but fund managers are already seeing positive outcomes from ESG initiatives, both in terms of social benefits and financial returns.

Four hires from public, private sectors boost First State’s infra group

The new appointees are joining the Australian fund manager from the Port Authority of New York and New Jersey, CalSTRS, Enbridge and Veolia.

LPs could push harder in negotiating with GPs – report

Private equity investors focus only on very simple negotiating points such as fees and structure, according to a survey by eFront.
Garrett Reisman Space X

Lessons from outer space

As an astronaut at NASA, Garrett Reisman was part of a government agency taking big risks. Now a professor and senior advisor at Space X, he’s helping the private sector manage those risks.
Chicago skyline

Chicago Teachers’ sought diverse managers and found only one

Over the two months in which Chicago Teachers’ Pension Fund had issued a request for proposals seeking a minority, woman-owned or disadvantaged business enterprise, it received only one response. Chicago-based JLC Infrastructure, which fulfilled the requirements of having at least three years’ experience managing institutional capital and $500 million of assets under management, will, as […]

Investors press Ardian to keep Fund V below €7bn – exclusive

The fund, currently sitting at around €6bn, lacks an official hard-cap, but has received market demand for as much as €12bn.

Future Fund chair warns of risks to SWFs from rising populism

Peter Costello said partnerships with local investors, but also greater transparency on the part of sovereign funds is the way forward.

India shelves second bundle of toll roads due to lacklustre response

The government believes worsening borrowing conditions and lower traffic on the roads offered failed to attract investor interest.

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