Katherine Bucaccio
CEB veteran Peter Freire will replace Kathy Jeramaz-Larson as head of the LP trade association, effective June 8.
.jpg?id=12885335662 "Fed targets State Street for AML compliance")
The bank will have 60 days to submit a plan detailing changes to its AML/BSA compliance and risk-detection policies.
With the purchase of the private equity research firm, the software provider plans to create a GP database for institutional investors.
OpenGate Capital is facing complaints in two district courts claiming that it closed a portfolio company without proper notice.
Investors are less rigorous about monitoring a GPs’ environmental, social and governance practices after choosing to commit to a fund, a new PwC survey found.
Fried Frank bulks up its London office; MJ Hudson opens in Zurich; Ogier launches a tax team; and more private fund lawyer moves.
The private equity real estate firm is claiming its partner in a CMBS joint venture has collected $37.3m on transactions for which most managers would not have charged fees.
.jpg "CCOs predict uptick in corruption risk")
Fresh research shows companies are not thoroughly monitoring their third parties, an issue that might increase GPs’ anxiety around their liability as majority stakeholders.
.jpg?id=12885346117 "Investors: worry about reputation, less so environment")
New research shows governance and social issues far outrank environmental risks in the minds of LPs; and GPs do not fully understand what problems really matter to their investors.
On a Harvard panel, the former Congressman said he ‘may have misspoken’ in his speech at the PEI CFOs Forum when he said that the $150m threshold for GPs to become SEC registered advisers was too low.