Guest Writer
Sponsors indulge in two very different fantasies when forming a successor fund. The first is to clone their predecessor Limited Partnership Agreement, change the date and the Roman numeral and be done with it. The second is to revise every longstanding, suboptimal provision and finally be governed under documents that say what they wished. Neither […]
Big changes to the taxation of cross-border investment activity by private equity funds are coming into view.
The last 12 months may end up in the history books as a watershed moment for fair value reporting, says David Larsen of Duff & Phelps
The message to lawmakers is simple: do not harm a long-standing, proven catalyst for business success, says the industry body's president and chief executive.
For managers about to launch a new vehicle, now is a perfect time to review their Limited Partnership Agreement, says Joseph Smith of Schulte Roth & Zabel
Across the infrastructure sector, technological advances are changing the way managers approach their assets. Duncan Symonds, European director of asset management for IFM Investors, believes adjusting to this landscape is essential if you want to thrive and not only survive in the sector in the years to come.
Today’s fund administrators are a far cry from yesterday’s accounting firm spin-offs, offering services from back office outsourcing through to risk management and performance attribution
When it comes to the use of subscription credit lines, private equity firms will not be able to please all the LPs all of the time.
Whether it is President Trump’s reforms, changes to partnership audit and fee waiver rules or the fallout from the Grecian Mining court case, GPs and funds face some big changes to the US tax regime in 2018, says Jerry Musi, a partner specializing in private equity fund tax issues at accounting and advisory firm RSM
Umbrella fund finance facilities can be a convenient and cost efficient option for managers with a number of strategies under one roof. Leon Stephenson and Alex Griffiths of law firm Reed Smith explain why.