September 2015 Issue
Lessons learned
Six private fund CFOs, CCOs and COOs tell us how their college experiences have shaped their careers today
Danger up ahead
As GPs, LPs and placement agents arrange meetings and conference calls to determine what a true ‘reverse solicitation’ is, regulators across Europe may finally have the time to review industry participants’ actions, insiders warn
Minding your Ps and Qs
Rigid accounting standards are creating a problem for GPs: China’s recent market volatility is not allowing CFOs to report a true fair market value of their publicly-listed Chinese assets
Under the spotlight
Highlights from the 2015 PERE CFOs/COOs Forum.
Preparing for takeoff
Compliance with the new revenue recognition standard may seem a long way off, but private equity accounting teams need to start thinking about its possible impacts sooner rather than later
Q&A: The new normal
Pfm catches up with valuations expert Dr. Cindy Ma to hear about the latest valuation best practices being adopted by private fund managers and ask why audits have become so much tougher in recent memory
From good to great
The sophistication of valuation committees has advanced leaps and bounds over the last five years, but EisnerAmper director Craig Ter Boss says that best practices are still evolving as managers look to further enhance stakeholders’ trust in their valuation processes.
No end in sight
The one clear takeaway from the ESMA’s opinion on the AIFMD marketing passport is this: the regulatory uncertainty in Europe has been prolonged indefinitely.
Split the fee debate in half
Conflating carried interest reporting with that of general fees and expenses only muddies the transparency debate.
Dear regulator
We challenge Proskauer partner Harry Frischer to explain the best way for GPs to answer a regulatory inquiry.
Say cheese
News and views too good not to share...
Dress decoder
News and view too good not to share...
The nuances of control
Valuation can become a challenging exercise when GPs lack control over management or exit timing – even more so when debt is involved. Here, valuation experts Stephan Forstmann and Robert Malagon walk us through the issue