Jennifer Harris

Though little attention has been paid to private equity fund managers in the debates over US financial regulatory reform, a planned amendment from Senator Jack Reed could make the Senate’s bill much less friendly to venture and private equity fund managers - including infrastructure.

Mohammad Almojel was previously an associate director at MerchantBridge Private Equity, and sits on the board of the Saudi-British Business Council.

Jean-Paul Gauzes, the rapporteur for AIFM, has suggested a way of replacing the controversial third-country rules.

Despite Timothy Geithner’s assurances to EU finance ministers, new rules for alternative investment fund managers are still being volleyed in Congress.

The US Treasury Secretary said in a second letter the US is bolstering its regulatory approach to alternatives with registration requirements.

Representative Sander Levin, a longtime advocate of taxing carried interest as ordinary income, has been appointed chairman of an influential US House of Representatives Committee.

During its 2009 earnings call Kohlberg Kravis Roberts shared its outlook on fee structures, fundraising efforts, and plans for an IPO on the New York Stock Exchange.

Placement agents are once again allowed to interact with New York City pension systems – so long as they comply with strict accreditation and disclosure rules. But the ban stays in place for New York state pension plans.

The SEC has said in a letter to FINRA that it may exempt registered-broker dealers from its proposed ban on placement agents interacting with public pensions.

The placement firm said it is building its bench in anticipation of a private equity fundraising recovery in 2010.