Katherine Bucaccio

Half of the members of the OECD’s anti-bribery convention have not investigated foreign bribery cases in the past four years, presenting a heightened risk for GPs worried about portfolio company liability.

Another Dutch pension fund has refined its internal guidelines for investments with external money managers, including private equity GPs, in effort to improve fee disclosures.

The bank’s alternative investor services business has found a buyer in service provider giant SS&C.

The private equity firm will fly children and nannies on new parents’ business trips and offer 16 weeks of paid leave, as part of a push to attract and retain talent. 

Despite a marked increase in the percentage of private funds with written expense allocation policies, most managers are not testing those policies, an ACA Compliance survey reveals.

Karrie Jerry is now serving as interim head of compliance at the private equity firm, replacing Paula Bosco, who left earlier this summer.

The industry software vendor has been acquired by payment services provider FIS after 10 years under the ownership of multiple private equity players.

An absence of ‘client harm’ was not enough for the resource-rich firm to avoid a $20m fine for failing to disclose a client’s loan to a senior executive.

In an effort to clear up confusion in recent court cases, new SEC guidance confirms that whistleblowers who report misconduct internally enjoy the same legal protections as those who report directly to the regulator.

By 2020, PGGM will stop investing in external money managers, including private equity firms, that do not fully disclose their fees.