Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Big private equity investors are taking advantage of a flood of capital from wealthy individuals to cash out their buyout fund holdings at higher prices despite the industry’s years-long downturn. Some of the largest evergreen
WASHINGTON — President Donald Trump’s budget proposal for next year calls for steep cuts to domestic spending, which if approved by Congress could gut an array of programs on Long Island aimed at helping low-income households and revitalizing aging infrastructure. Trump’s budget plan, unveiled earlier this month, proposes slashing $163 billion in non-defense spending, or
Rajendra Maganbhai Patel Vs ACIT (ITAT Ahmedabad) ITAT Ahmedabad held that funds remitted from foreign sources into NRE accounts are not taxable in India unless there is material to establish that they originate from taxable Indian income. Accordingly, exemption u/s. 10(4) of the Income Tax Act granted. Facts- The assessee is a Non-Resident Indian and
The Columbus Parks and Recreation board on Thursday accepted a proposal from an Indianapolis-based architecture firm to complete a study examining potential changes to The Commons. CSO Architects worked on the new Commons when it was built in 2010, and has been enlisted to complete a building utilization study, partly informed by community feedback, to
While this approach can be a disadvantage in the short run — such as in 2022 when inflation surged and interest rates spiked — it aligns with the long time horizons that target-date funds are built for. As a result, the series continues to earn an Above Average Process rating. This series is designed to
One of the most powerful tools in the fight against climate change is the money sitting in investment portfolios – including the trillions of dollars invested on behalf of public retirees. That’s money that could continue to fund fossil fuel development, or help pay for climate solutions instead. In the aftermath of Superstorm Sandy in
Princeton Engineering researchers are combining their expertise in chemical engineering, materials and computation to design crystalline materials that can be used to mitigate pollution or make sustainable cements. In bioengineering, another project aims to unravel how dormant bacteria resist antibiotics and incite intractable infections. These are among 21 projects funded by the latest round of
Here’s what this means: What are the relief funds? The funds in question are mostly public school relief funds known as ESSER funds, part of the 2021 American Rescue Plan Act, which granted $1.8 billion to Massachusetts schools. The money was mostly unrestricted, with 20 percent required to go to academic recovery. Because it was
SAN ANTONIO – Funds for two projects linked to addressing connectivity between downtown San Antonio and the greater East Side remain under federal review, according to a nonprofit and city officials. Earlier this year, San Antonio for Growth on the Eastside (SAGE) received $2 million from the then-U.S. Department of Transportation (USDOT) Secretary Pete Buttigieg’s
PARMA, Ohio — For roughly a decade, the Parma police department has received funds from the Patrick Leahy Bulletproof Vest Partnership grant. That streak continues this year with the department recently awarded $10,500 toward a $21,551 purchase of 20 new Point Blank Body Armor vests. “These vests are good for five years so this is