At issue is how private
equity firms report how they calculate average net returns in past funds in their marketing materials, the sources said.
The U.S. Securities and Exchange Commission is examining how private
equity firms report a key metric of their past performance when they market new funds to investors, as the regulator boosts its scrutiny of the industry, according to people familiar with the matter.
More specifically, the regulator is examining how private
equity firms report a key metric of their past performance when they market new funds to investors.
Not exact matches
In Ontario, for example, around 82 per cent of 18 - to 29 - year - olds consumed alcohol in 2015, according to a
report from
equity research
firm Cowen and Co..
Private
equity firms didn't strike any deals above $ 2.5 billion in the first quarter, CNBC
reports.
TechCrunch's Michael Arrington is
reporting that an investor group consisting of venture capital and private
equity firms are combining resources to make a bid to acquire the Internet phone company from eBay.
The Wall Street Journal, citing anonymous sources,
reported on Tuesday that Hunt Valley, Maryland - based telecom Sinclair Broadcast Group has expressed an interest in buying the weather - focused television network from an ownership group that includes private
equity firms Bain Capital and Blackstone Group, as well as Comcast's NBCUniversal.
The private
equity firms together with Humana would get Kindred's home and hospice care operations, the WSJ
reported, citing sources it did not identify.
Roark's offer is at a 34 percent premium to the stock price on Nov. 13, the last trading day before media
reports that private
equity firm had made an offer of more than $ 150 per share.
The SEC expects private
equity firms to
report average net IRRs alongside gross IRRs with equal prominence in marketing materials when they are seeking to raise a new fund.
Meantime,
firms that track the positioning of hedge funds are
reporting that
equity funds have halved their percentage exposure to stocks since the start of the year.
Wilson's choices include partnering with a private
equity firm in a buyout of the company, launching a proxy battle to gain additional board seats, or selling his stake, The Wall Street Journal
reports.
And, whether we're talking about hedge funds or mutual funds, private
equity or real estate trusts, there is not a single field with more than 5 percent of its assets managed by minority or women - owned
firms, according to a recently released Knight Foundation
report.
For 2013, Ares
reports $ 306 million in net economic income, a metric favored by publicly - traded private
equity firms that don't believe GAAP accounting best explains their financial performance.
The New York Times
reported on Wednesday that the private
equity firm Apollo Global Management and Citigroup extended loans totaling more than half a billion dollars to Kushner Cos last year after their officials held separate meetings with Kushner.
The New York Times
reported on the weekend, citing sources, that BlackBerry co-founder Mike Lazaridis, who stepped down as co-chief executive in 2011, has approached two U.S. private
equity firms about making a possible bid.
CNBC's Kate Rogers
reports on Verifone to be acquired by a group led by private
equity firm Francisco Partners for $ 3.4 billion in an all - cash deal.
Last week,
reports surfaced claiming that Yahoo had shortlisted 10 potential buyers for its core Internet business, with possible bidders including Verizon (VZ) and private
equity firm TPG Capital.
Crain's New York Business has
reported that a «senior» private
equity insider filed a compliant with the Securities and Exchange Commission earlier this year about the so - called transaction fees that PE
firms often charge when they buy a company.
Mr. Thomas said his client has
reported that many private -
equity firms decline to disclose the existence of such fees before deals close, a practice that allows them to extract cash from their targets without investor approval.
(Reuters)- Teva Pharmaceutical Industries Ltd (TEVA.TA)(TEVA.N) is close to a deal to sell its women's health assets outside the United States to private
equity firm CVC Capital Partners, the Fly
reported, citing Bloomberg.
Mr. Marino joined the
Firm in 2003 and is responsible for the day - to - day operations, compliance and financial
reporting of the private
equity funds as well as participating in the review, operational due diligence and closing of portfolio investments.
Structural changes to the
equities business over the last several years, such as the rise of electronic trading, have knocked off around $ 15 billion from the
equities fee pool, according to a
report from Morgan Stanley and management consulting
firm Oliver Wyman.
For a further discussion of the
firm's capital ratios, see «
Equity Capital» in Part I, Item 2 «Management's Discussion and Analysis of Financial Condition and Results of Operations» in the
firm's Quarterly
Report on Form 10 - Q for the period ended June 30, 2011.
Earlier, The Information
reported that private
equity firms including KKR & Co LP (KKR.N), Apollo Global Management LLC (APO.N) and Carlyle Group LP (CG.O) were «sniffing around» Hewlett Packard Enterprise, contemplating a buyout worth more than $ 40 billion.
Bain's annual Global Private
Equity Report highlights how leading PE
firms have begun adapting to a demanding environment.
The highest
reported bid so far is one from U.S. chipmaker Broadcom and its partner, U.S. private
equity firm Silver Lake.
Earlier this month, VCCircle
reported that car - servicing startup Carcrew Technology Pvt. Ltd, backed by the TVS Group, secured $ 2 million (Rs 13 crore) in a fresh pre-Series A round led by a private
equity firm.
NEW YORK More acquisitions of U.S. companies by private
equity firms are being done through companies that are already owned by buyout funds, rather than the funds directly, a market
report showed on Thursday, indicating this «bolt - on» strategy is catching on.
The private
equity firm is
reported to be plotting a three - headed bid for the Italian airline.
As for DOL, many financial
firms «have already taken steps and adjusted fees to restructure their businesses to comply with the rule,» according to
equity analysts with Keefe, Bruyette & Woods in a
report on Friday.
The Wall Street Journal
reported late Thursday afternoon that prior to hiring Joseph Papa as CEO, Valeant Pharmaceuticals Intl Inc (NYSE: VRX) received an acquisition proposal from Japan's Takeda Pharmaceutical and private
equity firm TPG.
Spotify, the popular music - streaming site, tapped private
equity firm TPG, hedge fund Dragoneer Investment Group and clients of Goldman Sachs Group to raise $ 1 billion, The Wall Street Journal
reported after Tuesday's market close.
The spotlight that private
equity firms and hedge funds find themselves under in the current regulatory environment, as well as the changes in fair value rules for financial
reporting, increase the scrutiny of alternative asset managers by investors, fund administrators, and auditors.
Private
equity firms and strategic acquirers interested in making deals in K - 12 education this year will be looking to invest in businesses that provide adaptive learning and assessment, according to a
report from Berkery Noyes, a New York - based investment bank.
Julian Wellesley, senior global
equity opportunities analyst with Loomis Sayles, wrote in a recent
report that «banks currently have one of the highest tax rates of all U.S. companies,» mainly because they don't use as many deductions as other multinational
firms.
Fox Business Network's Charlie Gasparino
reported that private
equity firm Blackstone (NYSE: BX) had been in talks for six months to take Knight Capital (NYSE: KCG) private prior to last week's disastrous trading glitch.
U.S. - based private
equity firm NCH Capital Inc. gained permission from the Greek government to build a resort on the island of Corfu, Bloomberg
reports.
Dell, the pioneering computer company that has struggled to match innovative mobile products from Apple, Google, and Samsung, is in talks to go private with help from prominent tech private
equity firm Silver Lake Partners and software giant Microsoft, according to multiple
reports.
The stock has been rapidly appreciating ever since, rallying over 10 % last week as Bloomberg
reported that United Health was emerging as the leading bidder for health care while private
equity firm Vista was the most likely bidder for the education business.
AUS: Independent Liquor lines up CEO -
report Independent Liquor has lined up a new chief executive to lead the New Zealand company following its sale to a private
equity firm late las... read more
Private
equity firms Blackstone Group and PAI Partners are
reported to be seeking to sell British and international biscuits and snacks manufacturer United Biscuits for # 2b or more.
Haddock indicated that there had been interest from Chinese
equity firms and companies involved in the wine business, but was
reported as saying there was «a lot going on inside our business» as it continued its ongoing integration of Lion's fine wine portfolio, which it bought in November.
Private
equity firm PAI Partners is
reported to be considering the sale of its 50 % stake in French yoghurt producer Yoplait.
Last, but by far not least, US - based private
equity firm Carlyle acquired a 50 percent stake in the Millennial cult brand Supreme for a
reported $ 500 million.
K - 12 technology leads all sectors of education in number of mergers and acquisitions so far this year, with private
equity firms continuing to figure prominently in the new education landscape, according to a new
report.
Private
equity firm Trinity Hunt Partners has acquired Dallas - based America's Auto Auction,
reports the Dallas Business Journal here: Share this articleLinkedinFacebookTwitter Read more
While the
report is not publicly available, its conclusion is widely
reported: «Of 6,185 U.S.
equity mutual funds tracked by Rosenbluth's
firm, more than a thousand of them, or 16.3 %, have experienced a manager change since February 2011.»
Supported by a robust research platform: Schroders has a network of over 70 regional
equity analysts located across 11 countries worldwide, and all research notes and third - party
reports are easily accessible though the
firm's intranet research database
What you
report, is what you get taxed on, with the exception that
firms that are heavily indebted to avoid paying taxes would get taxed on phantom income, the same as private
equity.