Jennifer Harris
The recently listed firm is continuing to build out its investor relations function with another hire from Goldman Sachs.
The UN’s Principles for Responsible Investment is yet another set of (voluntary adopted) rules that will demand more disclosure from private equity firms.
Fred Knecht, formerly in-house general counsel for Merrill Lynch’s private equity and origination arms, will focus on securities regulatory matters in the law firm’s New York office.
The fund of funds is the latest firm to hire a former placement agent, as demand for investor relations professionals grows across the industry.
There has been mixed news on the US regulatory front this week: the pay-to-play scandal continues to wreak a path of destruction, but a ray of hope has emerged for venture capital funds looking to avoid registration.
A panel of property valuation experts this week bemoaned the dislocation in the real estate market and the difficulties of finding fair value where willing sellers are few and far in between.
The SEC must now review the comments, which are overwhelmingly opposed to the ban, before drafting a final rule.
Under the terms of a proposal from House Representative Paul Kanjorski, funds deemed by the SEC to be ‘venture capital funds’ would be exempt from registering as investment advisers, but would still have to submit more detailed information to regulators.
Robert Barry is a “major coup” for the firm’s growing investment funds group.
Going public requires significant investment in your finance, admin, and IR teams, as KKR’s preparations for its public listing show, writes Jennifer Harris.