March 2014 Issue

The SEC is sending a message that it will protect compliance officers; but there is concern that will ultimately mean greater scrutiny.

Private equity is a very different proposition for young dealmakers today than it was a decade ago. So how is this shaping their attitudes to their industry — and how might they look to change it as a result?

With portfolio management  practices made a priority by SEC exam, we challenged Debevoise & Plimpton lawyers Robert Kaplan and John Ponyicsanyi to describe how GPs can safely pass this element of the inspection process.   

The AIFMD requires GPs to show that deal partners are not in control of the valuation process, a requirement some say isn’t being given enough thought in the industry. PEM asks industry valuation experts how it can be done ahead of the directive’s July go-live date

We present a few valuation scenarios that have troubled chief financial officers in the past to private equity valuation experts

Industry representatives are having regular conversations with SEC officials about regulatory issues they feel are an awkward fit for the private equity model.  

Coalescing around a single set of valuation standards may be the best way for industry to reduce future audit grief.