Labour’s crackdown on private equity tax to exempt bosses risking their own capital

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shadow Chancellor Rachel Reeves has indicated that Labor will continue favorable tax treatment of private equity executives in Britain in cases where fund managers are putting their own capital at risk. Labor has pledged to … Read more

The US tech sector is putting pressure on Chinese venture capital to divest

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. U.S. venture capital firms are pressuring tech startups to cut ties with Chinese lenders as they anticipate tighter controls on foreign ownership from Washington. In one example, HeyGen, a generative artificial intelligence startup that was … Read more

Private capital has raised more money than it has generated

Stay informed with free updates Simply log in to the Financial services myFT Digest – delivered straight to your inbox. Earlier this week, MainFT reported that hedge funds are complaining that their fundraising efforts have been hurt by the amount of money investors have locked up in private equity funds – which pay no returns. … Read more

Starwood Capital is limiting redemptions at its struggling $10 billion real estate fund

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A $10 billion real estate fund managed by Barry Sternlicht’s Starwood Capital is strictly limiting its investors’ ability to exit their investments as it preserves liquidity and avoids a massive asset sale in what the … Read more