Carried interest is being awarded further down the food chain.
Europe has a fun little riddle to work out involving an alternative to mark-to-market that is also not at least called ‘mark-to-model'.
The chief financial officer, speaks with Private Funds CFO about his automation goals for 2020, high multiples and what he’s most worried about in the new year.
The COO of Kline Hill Partners talks with PEI senior editor Toby Mitchenall about walking the ESG walk, the increasing need for liquidity, LP data demands, succession planning and more.
The recent enactment of CFIUS’s FIRRMA 2018 included updates and clarifications to the regulation. But it will still have firms visiting their lawyers for advice more often, and the list of transaction types covered is likely to increase.
The Senior Managers and Certification Regime has been implemented for banks and extended to regulated private funds, and it hasn’t been so bad, market players say. But the transition is not over yet.
Laurence Allen of ACP Investment Group stands accused of defrauding investors and misappropriating more than $13m.
LPs migrating to bigger funds will likely drive consolidation among managers, says Alcion Ventures CFO Gene DelFavero.
Institutions have different polemic styles than Bernie Sanders, but you should definitely take this threat seriously.
NAV has its limits when it comes to GP-led secondary pricing; SEC files suit against a pair of investment advisors for alleged breach of fiduciary duty.