October 2015 Issue
Good for family business
KKR is the latest alternative assets group to tweak its parental policy. But private equity firms need to do more if they are to recruit and retain female talent.
A big red compliance flag
Implementing an expense policy isn’t enough: the SEC expects fund managers to test them too.
On new AML rules, breathe easy
New anti-money laundering proposals, which private equity may end up gaining exemption from, are less scary than some may imagine.
A matter of timing
CFOs shopping for cutting edge back office software can be stymied by the difficulty of migrating data into a new system. But frequently it’s the matter of choosing the right tech for the firm’s current stage of development and appointing an in-house staff member to lead the effort.
Could Jeb Bush kill PE?
The Republican candidate wants to abolish interest deductibility, the lifeblood of the buyout industry. Does he have a shot?
Waive the fee, not the risk
GPs should ensure that their management fee waivers feature sufficient ‘entrepreneurial risk’ ahead of an IRS crackdown on the popular tax strategy.
Setting the gold standard
When it comes to ESG standards, GPs operating in developed economies could learn a thing or two from African managers.
Looking to the next generation
As the private equity industry matures and founding partners near retirement, many GPs are in the midst of transition.
The end of ‘2-and-20’?
We challenged Augentius’ Brendan Tyne to explain how the prototypical 2/20 fee structure could one day be a thing of the past.
Relative intelligence
News and views too good not to share...
Limited professor partnership (LPP)
News and views too good not to share...
30 under 40
Who are tomorrow’s superstar private equity lawyers? To find out, we asked a cross-section of industry participants, trusted contacts and law firms themselves – who were gracious enough to name top junior talent at rival firms if they were to submit their own nominations – to come up with a triple-digit list of nominations. After much debate, we whittled the list down to this elite 30