Regulation

As the furore surrounding private equity in the UK grew, the BVCA took pre-emptive action and commissioned an independent report on disclosure and transparency. Sir David Walker hopes his recommendations will be widely adopted in 2008.

The French bank's acquisition of Fornetti Wroclaw is the latest in a spate of deals in Central and Eastern Europe.

Have legislators in the US and UK closed the book on changes to carried interest taxation? A trio of tax experts provides PEO with perspective on the latest Capitol Hill and Westminster developments.

Istithmar, a Dubai government-owned investment firm, reportedly plans to diversify into venture capital and debt investing as the unavailability of leverage makes larger deals more difficult.

Norton Rose, the global law firm, has opened an office in Saudi Arabia in association with Middle Eastern law firm Abdulaziz Al-Assaf combining Norton Rose’s regional corporate experience with its rival’s political exposure in the region.

Sentinel Capital Partners has purchased air quality consulting firm Trinity Consultants in order to capitalise on a growing global concern with climate change.

The UK mid-market firm is looking to roll out 7city Group’s business internationally and to increase its product range after backing a management buyout.

The buyout firm has leased the eighth floor of the Crown Building, an historic Fifth Avenue skyscraper, for ‘certain administrative functions’.

Hedge fund managers are rubbing their hands at the prospect of a rapid increase in loan-to-own opportunities as covenant breaches are predicted to rise, according to the latest research.

In a further sign of institutionalisation at the global private equity giant, and ahead of an expected IPO, KKR has lured David Sorkin, a lawyer from Simpson Thacher, to become general counsel, as well as named new heads of human resources and information technology.