April 2014 Issue

A number of private equity firms have been looking to open local offices in Latin America to improve their access to deal flow — but timing the market is a challenge

Uncertainty remains rife within FATCA’s minutiae – but there are still certain action points GPs need to have completed by now, warn advisors.

To meet LP expectations, GPs are finding new ways to send out the K-1 tax report in a timely fashion.

Despite advances in technology, some say spreadsheet calculations remain CFOs’ best option for forecasting carry payouts.

The speed at which GPs have formalized their valuation policies and procedures – much of it in response to heightened scrutiny from regulators and investors – has been nothing short of remarkable. But where is this trend going next? That, it seems, is still up in the air. But to get a better sense of the direction of travel, we brought together a group of industry valuation specialists in New York to discuss issues like calibration, LPs’ role in the valuation process and exactly what’s required for a reliable valuation methodology. 

Where a company is regarded as being resident is important in a number of fund structuring areas. It also makes a significant difference in terms of tax consequences, writes Duane Morris partner Jenny Wheater

We challenge Jason Scharfman to answer the question: Is Form PF of any value to investors during the due diligence process?