PEI Staff
THE INCOMING CHIEF EXECUTIVE HAS LARGE SHOES TO FILL AND A SUPERSIZED MARKET TO DEAL WITH
?What forms of investor communications are strictly electronic?? 2005-09-01 Staff Writer <bold>John DiBello,</bold>General Partner, COO and CFO US Operations, TVM, Boston:<br /><br />Several years ago, TVM began distributing its quarterly reports in electronic form. Investors are sent
The Riverside Companyhas made a name for itself in the smaller end of the middle market. The private equity firm invests in multiple industry sectors, typically targeting companies valued between $10 million and $100 million. The firm today manages approximately $1.3 billion in capital and last year closed a $750 million fund, The Riverside Capital Appreciation Fund ‘03. Since 1988, the firm has invested in 112 transactions with a total value of $2.1 billion, and currently counts 38 separate businesses in its portfolio. Its growth over the years has included branching out not only to different parts of the US, but also Europe-today, Riverside operates out of six offices, outside its New York and Cleveland headquarters, in Dallas, San Francisco, Budapest, Prague, Warsaw and Munich. Such a large and complex organization obviously requires a high level of administrative oversight, which is spearheaded by a dedicated chief administrative officer. Leslie Hardin shares her thoughts on running a multi-office, multi-country private equity operation.
Top quartile matters 2005-09-01 Staff Writer Speaking at the 2005 Private Equity Strategic Financial Management Conference, Clinton Harris, the founder of Wellesley, Massachusetts private equity consulting firm Grove Street Advisors, presented statistics showing the dramatic effect that exposure to top quart
Big team, little team 2005-09-01 Staff Writer <tr><td>Less than 3</td><td>50%</td></tr><tr><td>3 to 5</td><td>25%</td></tr><tr><td>5 to 10</td><td>25%</td></tr></table><tr><td>Less th
Recruiting and retaining talent for the finance function is becoming increasingly challenging, as private equity firms encounter greater competition from hedge funds and from within their own industry. By Art Janik, Associate Editor
New GIPS standards take effect on January 1,2006. The CFA Institute has compiled a list of answers to commonly asked questions regarding these revised standards, some of which are excerpted below. Source:CFA Institute Centre for Financial Market Integrity.
As private equity becomes more mainstream, investors are calling for self-regulated standards for performance presentation. On your next investor questionnaire, how will you answer the question, “Are you GIPS compliant?” By Carol Kennedy
What are those on the frontline of European private equity saying about the state of fund administration and technology?
Limited partners love state-of-the-art fund administration systems, but what is there for GPs to love? Quite simply, the opportunity to appear competitive. By Colm Gilmore