Bailout Spells Opportunity for Carlyle Group

September 30, 2008

Private equity investors will play an important role in the historic bailout just announced by congressional leaders, and there’s money to be made, according to David M. Rubenstein, co-founder of the Carlyle Group. The Carlyle Group is one of the wealthiest and most successful private-equity firms in the world, with around $80 billion under management, […]

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Green Industries Look Promising For Venture Capital

September 29, 2008

Alternative energy and other clean technologies are already the third largest sector for venture capital investment and jobs in the U.S., after information technology and biotech, according to an article in the Boston Globe online. The article cites a new United Nations report that says clean technologies such as biofuels will create millions of new […]

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KKR Expanding in Middle East

September 23, 2008

Giant private equity group Kohlberg Kravis Roberts (KKR) has announced it is expanding its presence in the Middle East, hiring Makram Azar from Lehman Brothers to head the new venture, according to the National, in UAE. KKR has reportedly committed 1.5 billion Euros (US $2,162,000,000) to focus on oil and gas investments in the region, […]

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Switzerland Cuts Taxes to Attract Hedge Funds

September 18, 2008

Switzerland is dangling the carrot of more attractive tax rates in an effort to lure hedge funds and private equity groups to the country, reports eFinancial News. Corporate tax rates on hedge funds in Switzerland can range up to 40% a year. Now, some regions of the country are being permitted to offer better terms […]

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More MBAs Skipping On-Campus Recruiting

September 17, 2008

A growing number of MBA students at top U.S. business schools are skipping the traditional on-campus interview process and conducting their own searches to get the job they want, according to Wall Street Journal.  Some students say they don’t want the standard jobs in finance or consulting typically offered on campus. Others are looking for […]

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Michigan Set for a Boost in Venture Capital

September 15, 2008

“Start Up” may not be the first thing that pops into mind when you think of Michigan. But the state is making all the right moves to attract venture capital funds and create an entrepreneurial culture, reports The Detroit News. The effort appears to be paying off. The amount of venture capital managed by Michigan […]

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Private Equity Compensation Rises in 2007-2008

September 11, 2008

Good news for those seeking jobs in private equity. Salaries and bonuses for private equity professionals in North America continued to rise through 2007 and into 2008, according to the latest edition of the Private Equity Analyst-Holt Compensation Study, which appeared in Private Equity Analyst, a newsletter published by Dow Jones & Co. The survey shows […]

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Venture Capital Blossoming in the Big Apple

September 8, 2008

Despite the carnage sweeping through some sectors of the financial industry, New York’s venture capital scene is thriving, reports VentureSource, a research unit of Dow Jones & Co.  67 New York-based start-ups received funding in the first half of 2008, the highest amount since 2001. Investments rose to $828 million from $480 million in 2007. […]

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Advice for Private Equity Hiring Managers

September 2, 2008

Employers have two issues to deal with. First (and presumably most important), employers should take a hard look at current compensation plans of the top performers in the firm. Compare plans to current industry standards and discuss specific compensation expectations with the employee. If there is a gap between the employee’s expectations and the current […]

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Look (twice) Before You Leap

August 27, 2008

For job seekers, we suggest taking a close look at the new compensation plan before you make a move. Gather as much information as possible in the interview process about past fund performance and determine how the proposed package will measure up to your specific expectations. Talk to others in the firm. Ask about turnover […]

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