Jordan Urstadt 2008-08-01 Staff Writer <b>CAREER PATH:</b><br />Before joining alternative investment advisor Capital Dynamics, Urstadt was the head of legal and compliance at LGT Capital Partners, a Swiss-based alternative investment manager. Before that, he was an associate at law firm Wh
FRONTLINE 2008-08-01 Staff Writer BNP Paribas promotes Waters in the Gulf regionEuropean bank BNP Paribas has promoted Mark Waters to head of debt capital markets in the Gulf region, a newly created position. Waters previously led the corporate and financial institution syndica
Former Deloitte & Touche senior partner Peter Nachtwey has replaced Carlyle's CFO of 10 years, John Harris.
The UK private equity industry has responded to its increasingly vociferous critics with a new report which acknowledges the need for greater openness.
Building the right board of directors for a portfolio company about to go public is crucial to a successful offering. How can they source a board as they get ready for the glare of the public markets?
Avoiding accounting and auditing delays, hence higher costs, for newly acquired portfolio companies can be acheived in four steps.
With private equity firms bigger and more complex than ever before, sophisticated chief financial officers are in high demand. No one knows this better than Clarke Murphy, the head of global private equity searches at executive recruiter Russell Reynolds. Murphy, based in New York, tolddavid snowrecently that while investor relations professionals are probably at peak demand currently, private equity firms are on the hunt for CFOs and finance professionals who can bring a diverse mix of skills to the table. Excerpts from our conversation with Murphy are below.
GPs are increasingly adopting or considering adopting fair value guidelines, as FASB drives fair value implementation and auditors pay more attention to GPs and LPs, finds a new survey by the Tuck Center for Private Equity and Entrepreneurship.
Much of the European private equity industry has embraced the concept of valuing portfolio companies according to fair value principles. But the goal of global harmonization cannot yet be claimed.
GPs in the US who have so far escaped full compliance with FAS 157 are now feeling heat from LPs, and from a looming ‘footnote’ rule on fair value accounting.