Earlier efforts to reform carried interest taxation had stalled, before US Senator Joe Manchin announced on Wednesday that he and Senate Majority Leader Chuck Schumer had worked out a deal.
A new survey shows high-net-worth investors continuing to find more room for alternatives in their portfolios. Plus: S&P finds the number of 'weak links' on the rise; and AXA IM Alts makes a senior sales hire. Here's today's brief for our valued subscribers only.
Talent outflows are putting LPs in a difficult position at a time when having a sufficient number of experienced staff has become more important than ever.
Oaktree assesses the pros and cons of private credit in the current environment. Plus: Varde detects a turn in the cycle and Navis launches a new credit platform. Here's today's brief for our valued subscribers only.
'It is getting harder out there,' president and COO Jonathan Gray said in the firm’s second-quarter 2022 earnings call in reply to a question about fundraising trends.