It’s been a bad week for the image minders in the private equity industry. First, Henry Kravis bemoaned the industry’s awful reputation, and now a tax-reform plan – floated by a Republican (gasp!) – threatens to axe its carried-interest tax goodie. Meanwhile, investors like Carl Icahn that once were reviled as “corporate raiders” have been […]
The SEC has just opened the door for broad public marketing of investments from start-ups, hedge funds and private equity firms, breaking a taboo that has been in place for 80 years. No, we’re not likely to see Henry Kravis pitch buyout funds on late-night television alongside ads for pizza and discount furniture. But some […]
I must have missed this Reuters interview with KKR co-founder Henry Kravis last week, which isn’t too surprising because it didn’t make many waves. Based on an interview with Reuters Editor-in-Chief Steven Adler, it is the very definition of a puff piece. The article barely touched on whether Kravis believes the favorable tax treatment enjoyed […]