PEI Staff
Fund managers must be explicit in their IRR calculation disclosure to investors, or face the wrath of the regulator, writes Vivek Pingili, vice-president of compliance at Cordium
Bridging facilities are being used not just for more efficient deal execution, but also to get proceeds into the hands of LPs more quickly.
TPG’s time cap on fund facilities highlights the heated debate on their use.
An agency that works with Korean investors alleged that USAA Real Estate Company did not acknowledge its brokering of $110m of fund commitments and has tarnished its reputation.
The use of subscription facilities by funds has seen its criticism, but the practice is not without its positives write Thomas Smith and Almas Daud.
Language in the Financial CHOICE Act points to relief for private equity firms from certain requirements, but does it move the needle, asks Jeanette Turner, managing director, chief regulatory attorney, Advise Technologies.
Following carry 'tax loophole' judgements in Sweden, other countries are seeking to attract fund managers with generous rates, write Laura Charkin and Charlotte Haywood of Goodwin
Private equity firms that do not sufficiently disclose how they calculate IRR could face enforcement action, writes Vivek Pingili, vice-president of compliance at consulting firm Cordium.
Experience, expertise and AIFMD have helped ensure Luxembourg’s pre-eminence among European fund destinations, but for how long?
Joseph DiBartolo, Director, Alaric Compliance Services on the challenges of institutionalizing private funds.