Katherine Bucaccio

New research from PitchBook shows that top level roles are more likely to be held by women in older, larger US private equity shops.

The commission’s chief inspector, Andrew Bowden, will depart at the end of April for a position in the private sector.

Spyder Management will pay $3m and buy out NMSIC’s stake in its fund as the state endowment continues to recover reparations in conjunction with a 2009 placement agent scandal.

The commission fined KBR $130,000 for requiring employees to sign a confidentiality statement that threatened disclosing information could result in punishment or termination.

Adam Levine is suing his former employer for whistleblower retaliation, claiming he was fired after raising concerns that TPG’s investors were being defrauded of millions of dollars in fees and expenses.

Recently charged with fraud, the founder of Patriarch Partners wants to move her hearing to US District Court, claiming the SEC’s process of appointing administrative law judges violates her constitutional rights. 

Tom Byrne, the new chairman of the New Jersey State Investment Council, hopes to increase the public’s access to information on private equity fees.

Fresh research from Palico shows that the median lifespan of a private equity fund has reached 13.2 years, which has led to some pushback from investors.

The debt firm led by ‘turnaround queen’ Lynn Tilton is accused of a ‘deceptive scheme,’ misleading investors about the poor performance of three CLO funds.

Firms should ensure they have detailed historical records of their investors, as British regulators are ‘not holding back’ when it comes to KYC/AML cases, warns legal consultant Lucy Kennedy.