Wednesday, 27 August 2014
Last updated 1 hour ago
Feb 25 2008 | 12:55pm ET
Private equity titan TPG Capital is mulling a move of its European operations in the wake changes to Britain’s tax code.
The former Texas Pacific Group may move its European headquarters from London to Switzerland, Financial News reports. The Fort Worth, Texas-based buyout group will make its decision after the British government reveals its plans changes to the treatment of non-domiciled workers on March 12.
Under the proposed new rules, the U.K. could enforce at £30,000 (US$59,000) charge on long-tern resident non-domiciles. Of TPG’s 17 top practitioners in London, 13 are not British citizens.
Switzerland recently charged a working party with making the country more attractive to alternative investment firms, and the country is reportedly especially interested in persuading TPG to move to the country.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...