May 18 (Bloomberg) — Mark Heesen, president of the National Venture Capital Association, talks with Bloomberg Television about the likely impact of proposed US tax policy changes on venture capitalism. Four Senate Democrats and Republican Scott Brown of Massachusetts are seeking to exempt venture capital firms from a tax increase on managers of investment partnerships. [...]
Question-and-answer session conducted by Subcommittee on Investigations and Oversight Chairman Jason Altmire (D-PA) at the hearing on Expanding Equity Investments in Small Business on March 26, 2009
May 4 (Bloomberg) — Bloomberg’s Sheila Dharmarajan reports on potential buyout targets for private equity firms. (Source: Bloomberg)
AXA Private Equity announced today that it has acquired a .9 billion Bank of America Corp. (NYSE:BAC) portfolio of limited partnership interests in Bank of America private equity funds. The transaction is noted as one of the largest secondary private equity deals. Bank of America closed yesterday at .28.
