These four issues are vexing the busiest person in the private equity firm, writes David Snow
Two separate private equity lobbying groups – the PEC and the NVCA – are supporting divergent policies with regard SEC registration.
Private equity CFOs who are registered as CPAs in New York State will have to register with the state by 26 July, and must fulfill continuing education requirements.
Now that it appears likely that private equity and venture capital firms will have to register as investment advisors in the US, proposed changes to RIA custody rules should capture their attention
The two powerful California pensions have announced huge write-downs in private equity and real estate over the fiscal year ending in March. Both pensions have implemented measures to counter the losses, including moving allocations and negotiating for lower fees.
Real estate remains the most popular alternative asset class among pension funds despite a 4% fall in assets under management in 2008, according to a Watson Wyatt survey. Allocations to private equity and infrastructure rose by 4% each.
With LP defaults becoming a more common occurrence, GPs need to understand all the implications for the management company, the fund and other investors. Jennifer Harris explores the issues
Fortress, Lightyear Capital and Crestview Partners comprise the latest private equity consortium to purchase equity stakes in a US government-backed bank.
The publicly listed alternative investment firm will sell Class A shares to repay a portion of its outstanding debt as well as generate working capital that may be used to fund GP contributions to Fortress funds.
In an effort to encourage private equity and venture firms to establish funds based in RMB, the Chinese government is drafting rules and regulations that would allow various types of institutions in China to become investors in private equity funds.