peHUB First Read

Some links to kick off your Monday, before hanging out at Buyouts East on Tuesday and Wednesday:

* KKR discloses several write-downs. This is just the beginning of the beginning.

* The Carlyle Group is getting cozy with another presidential family. No, not the McCains, Clintons or Obamas. This is a global age, so Carlyle has hired UBS banker Olivier Sarkozy, who happens to be French prez Nicholas’ half-brother.

* The SEC is mandating that all Form D filings be submitted electronically, beginning in 380 days.

* A sovereign wealth fund primer.

* First we were told that the middle-markets were a safe haven from the credit crunch. Now we’re being told to look even further downstream. It doesn’t take a genious to figure out that the crunchers will begin chowing down on small-market deals at some point too…

* Michael Arrington asks when we’ll have our first Valleywag-related suicide.

* The Canadian government has proposed a new budget that includes changes that includes some changes relevant to U.S. venture capitalists and private equity pros who invest accross the Northern border. Here’s an analysis from law firm McCarthy Tetrault.

* Oh, and did I not mention that Buyouts East begins tomorrow in New York. You can register or get more info here. Hope to see a bunch of peHUB readers…