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• Scorn aimed at PE over workers’ woes at AA, Saga 16 Aug 2010. Source: AltAssets. Heavy losses for UK automotive services provider the AA and Saga, the travel agent, insurer and personal finance company for over 50s, have led to fierce criticism being fired at their private equity owners, according to the Guardian.

• Bank of America has no plans to wind down buy-out arm 11 Aug 2010. Source: AltAssets. Bank of America is not planning to spin out, sell or unwind its direct private equity arm, BAML Capital Partners, and will continue to fund it from its own balance sheet, according to LBO Wire.

• UK’s High Court to decide on pivotal case for PE funds and LPs 11 Aug 2010. Source: AltAssets. A new standard may be set by a High Court ruling that a limited partner breached his contract in failing to pay down on a commitment made to a fund managed by UK private equity firm Advantage Capital, according to the Financial Times.

• KKR pulls plan for $500m share offering 10 Aug 2010. Source: AltAssets. KKR has pulled its plans for a $500m share issue, a month after the private equity firm went public on the New York Stock Exchange.

• Ridgemont Equity Partners emerges from Bank of America 03 Aug 2010. Source: AltAssets. Banc of America Capital Investors, one of Bank of America's private equity divisions, has branched out from its parent - the fund management team spinning out to form Ridgemont Equity Partners.

• New law firm breaks mould with novel fee model 19 Jul 2010. Source: AltAssets. A new alternative asset law practice has opened its doors and is setting a new precedent with a unique fee model that will no doubt see others follow suit.

• PE faces regulation as Senate votes in favour of reform 16 Jul 2010. Source: AltAssets. The Senate has voted in favour of sweeping Wall Street reform legislation that will affect the private equity asset class, and now only awaits Obama’s sign-off for the bill to become law.

• KKR in muted NYSE debut 16 Jul 2010. Source: AltAssets. KKR had a muted debut on the New York Stock Exchange yesterday, with its share price dropping nearly three per cent over the course of the day’s trading, after waiting three years to list in its hometown.

• Turkey attracts PE as Riverside announces debut deal, Advent opens office 15 Jul 2010. Source: AltAssets. Turkey seems to be the latest frontier market beckoning private equity investment, with mid-market specialist The Riverside Company announcing a new deal in the country and Advent International opening the doors to a new office in the capital, Istanbul.

• FoF Capital Dynamics moves into Brazil with new office 15 Jul 2010. Source: AltAssets. Swiss-based Capital Dynamics, one of the biggest private equity fund of funds managers, has set up shop in Brazil to expand its global footprint and strengthen its Latin American presence.

• Warburg Pincus’s Fairfield Energy scraps IPO 15 Jul 2010. Source: AltAssets. UK oil and gas company Fairfield Energy has become the latest private equity portfolio company to fall victim to market uncertainty, scrapping its anticipated IPO on the London Stock Exchange.

• AIMCO’s takeover talks for Candover on the rocks 15 Jul 2010. Source: AltAssets. Candover’s expected takeover by Canadian pension fund Alberta Investment Management Corporation (AIMCO), first announced in April, looks set to fall through, according to the Financial Times.

• AlpInvest owners look to sell firm 09 Jul 2010. Source: AltAssets. Dutch asset managers APG and PGGM Investments are looking to sell AlpInvest, one of Europe’s largest private equity investors, as they look to free up capital to invest elsewhere, according to reports.

• UK venture investment falls to sub-dotcom crash levels 08 Jul 2010. Source: AltAssets. UK venture capital investment has fallen to levels beneath those seen in the aftermath of the dotcom crash.

• 3i upbeat on portfolio’s earnings, dealflow 07 Jul 2010. Source: AltAssets. Listed UK private equity firm 3i is optimistic about its business despite the uncertainty of the overall market, citing its portfolio’s earnings as reason to be upbeat about its current position.

• KKR founders’ stake values revealed 07 Jul 2010. Source: AltAssets. As Kohlberg Kravis Roberts gears up to list, the private equity firm has filed a pre-IPO statement with the US Securities and Exchange Commission detailing the pay structure of its top executives, including founders Henry Kravis and George Roberts.

• KKR to file pre-listing compensation details 06 Jul 2010. Source: AltAssets. US private equity firm KKR’s long-anticipated NYSE listing may be closer than ever, with a filing detailing compensation for top executives at the firm expected this week, according to Reuters.

• Indian PE investment triples in first six months of 2010 05 Jul 2010. Source: AltAssets. Private equity investment in India for the first half of this year has tripled the arid environment of 2009. According to Indian researcher Venture Intelligence, private equity dollars flowing into the rising economy during the year to June grew from $1.5bn in 2009 to $4.5bn so far in 2010.

• UK private equity firms sitting on billions in dry powder 05 Jul 2010. Source: AltAssets. Private equity firms in the UK are planning to invest billions of pounds in the country over the next year, but almost a tenth do not expect their firms to fundraise again.

• House of Lords to debate AIFM committee report 02 Jul 2010. Source: AltAssets. The UK’s House of Lords has scheduled a parliamentary debate for next week to assess a committee report on the highly contentious Alternative Investment Fund Managers directive.

• FoF Brooke Private Equity Advisors rebrands 30 Jun 2010. Source: AltAssets. Private equity fund of funds manager Brooke Private Equity Advisors has switched its name to Brooke Private Equity Associates to better reflect the organisation and its business.

• American Capital completes debt restructuring 29 Jun 2010. Source: AltAssets. Listed private equity firm American Capital has completed restructuring seven months after striking a deal with lenders over its $2.4bn of debt.

• Avista shuns capital gains tax hike with new London office 29 Jun 2010. Source: AltAssets. The introduction of a more austere capital gains tax in the UK has not deterred Avista Capital Partners, which has just formed a European office based in London to add to its existing bases in New York and Houston, Texas.