private equity industry news from FierceFinance
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Private equity vs. NYC rent control laws
The New York Times notes that in the last four years, developers owned by private equity firms have bought almost 75,000 rent-regulated apartments in New York City. That's 6 percent of the city's Read more...
Wall Street should fear academics
Wall Street firms would be wise to beware of academics out to make a name for themselves. There have been quite a few cases where professors have caught the eye of regulators: the order handling Read more...
Trend: More roll-ups of advisory firms?
Registered investment advisers have a pretty compelling pitch when it comes to graying clients. They aren't commission-based guys. They're thinking less about trades and more about your portfolio in Read more...
How much private equity blood will spill?
Blackstone Group's 90 percent plunge in first quarter profits sent another shudder down the spine of the private equity industry. The Carlyle Group's credit fund woes certainly aren't helping things, Read more...
Buffett raps Wall Street in latest letter
Warren Buffet's latest letter to shareholders is heavy with criticism of Wall Street. The Sage of Omaha once derided derivatives as financial weapons of mass destruction. The Financial Times notes Read more...
Consolidation in the PE industry
We all know that the private equity industry has entered a down cycle. But is it so bad that we'll see a lot of consolidation? It doesn't seem like any major firm is anywhere close to that level of Read more...
Shifts in PE fund raising
We've noted that announced and completed deal volumes have declined precipitously. It's also important to point out, though, that fund raising has not taken a hit. According to the Financial Times, Read more...
Carlyle to pay more attention to social issues
When the private equity industry is taking its lumps, it's a good time to work on image. Financial News Online reports that the Read more...
Bain Capital wraps up massive fund raising effort
Financial News Online notes that Bain Capital is wrapping up a new $20 billion buyout fund. The slowdown in the industry apparently has Read more...