Steve Bills

Private equity needs to do a better job of communicating its successes, buyout executives said today at the Thomson Reuters PartnerConnect conference in New York.

While much of the focus of the JOBS Act has been on its impact on entrepreneurs, the bill also could have significant effects on buyout shops, lawyers say.

Greg Smith's kiss-off to Goldman Sachs may have been Topic One for the chattering classes of Wall Street this week, but his fiery farewell didn't impress the voters on peHUB's Question of the Week.

Conversus Capital, the world's largest publicly traded fund of funds, said Monday that it has begun a formal review of its strategic options, including a possible sale.

Lower-rated borrowers are seizing the opportunity to amend and extend their debt facilities while lenders are willing to accept them, sister magazine Buyouts reports.

Well, don't tell the multiplying critics of private equity. But the leveraged loan market shows continuing signs of stabilization, and perhaps even vigor, according to sister magazine Buyouts, as portfolio companies are finding ways to borrow to refinance existing debt and, in some cases, pay dividends to their sponsors.

Bruce Rauner turned lunch into a pep rally for the buyouts business Friday at the Wharton Private Equity & Venture Capital Conference. He was passionate, he was funny, he was profane. He was a hoot.

It appears that Northern Trust Corp. has been gearing up for a new round of private equity fundraising. The Chicago banking company, best known as a custodian of assets for companies and institutional investors, has filed paperwork for a clutch of new funds encompassing both buyout and venture capital strategies. The documents don’t say so, but Northern […]

This probably should be no surprise, but readers of peHUB expect the tax-advantaged status of carried interest to remain untouched after the election of 2012. A solid majority, at 53%, felt comfortable predicting in our Question of the Week that carry would continue to be taxed at low low capital gains rates. Interestingly, the minority […]

As Mitt Romney prepares to release his tax returns on Tuesday, all eyes will be on Schedule D, Capital Gains and Losses, so everybody can take a look at his carried interest income. I can hear teeth grinding already in buyouts land. Clearly, Romney's ...