Hints and tips:
...While a couple of hundred of these still hold unlimited liability, new Names typically have limited liability....
...limited liability partnership....
...The DV4 Trust owned most of the partnership, and the partnership in turn owned shares entitling it to 20 per cent of DV4 Limited’s profits if the fund achieved at least a 7 per cent annual return....
...Rents earned by the funds from making private direct loans accrue to the general partners, not the limited partners....
...This decision enabled it to borrow through central government at the same rate as the Treasury via a facility known as the National Loans Fund....
...That hasn’t meshed well with higher interest rates, which have increased the cost of borrowing and forced funds to spend more money on producing the same outsize returns....
...For tax purposes, a limited liability partnership (LLP) is generally treated as a traditional partnership. A partnership does not pay tax on the profits it makes....
...blow-up in liability-driven investing strategies....
...in fast-growing areas of the US and its predominantly fixed-rate liabilities....
...“Master Limited Partnerships are set up to screw little investors,” says Mark Elliott, an early investor in HMLP....
...The US, in particular, seems allergic to the idea of formal liability....
...The energy premium paid by our poorest households is coming to an end....
...Its first project is TGL: a new golf league in partnership with the PGA Tour....
...At a premium of 37 per cent, the acquirer would still be able to keep net debt to ebitda below six times and produce annualised five-year returns of 20 per cent (just)....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...They can also be expedient: sellers sometimes look to quickly lock in gains and show strong returns as they raise their next fund, notes one private equity firm executive....
...Absent the “moron premium”, the UK can issue without any major strain. And we should....
...Ministers are consulting on plans to bring larger private groups within the definition of a “public interest entity”, which demands more disclosures and director liabilities....
...“Because the building is now unoccupied, our insurance cover is limited and there are ongoing legal and agency costs....
...“It appears that private-equity funds were billed regardless of the nature of the expense, in contradiction to the limited partnership agreements that governed the funds,” Judge Kevin Castel wrote, referring...
...Lex reckoned their returns should hold up too, especially if they took a tough line on valuations....
...That has intensified the hunt for returns....
...We admit that BT has limited avenues available to turn around its share price, and valuations might be enticing for a private infrastructure-focused buyer, but we see a combination of the pension fund, UK...
...& Mercantile, etc) to crystallise some very grim losses lurking in their funds....
...In addition there are signs that investors may be stretching to own gold: the ETF premium over the value of gold held by the fund has averaged 0.2% over the past few months; rarely has the premium remained...
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