November 2015 Issue
Fat fingers, skinny wallets
News and views too good not to share...
For rent by owner
News and views too good not to share...
Documentation trumps all
We challenge compliance consultant Todd Cipperman to explain whether or not firms should keep evidence from a mock inspection.
A fair day’s wage
Investors are willing to pay for performance, but that doesn’t mean the push to align interests via fees is at an end.
Channel Islands: Storm survivors
ESMA’s recent endorsement of Jersey and Guernsey for the AIFMD common passport is a positive turn of events for the Channel Islands, write Alter Domus directors Spencer Wells and Mark Vidamour.
Cracking the ceiling
Level 20, a new women’s network of industry professionals, is taking a fresh approach to improving gender diversity in private equity – and wants to see 20 percent of senior industry roles filled by women by 2020.
Event horizon
Private equity events are going digital – and never looking back, Concise managing director James Shepheard-Walwyn tells pfm.
The CFOs guide to survival
We pose four hypothetical budgeting challenges to CFOs to learn the best ways to fix those unexpected setbacks, including what to do when investment activity dries up one quarter after a surge of executed transactions.
Five things you need to know about cybersecurity
Senior managers still falling for phishing scams, limited insurance policies and vendors seeking to standardize DDQs were among the cybersecurity-related takeaways at the 2015 PE/VC Compliance Forum.
Operational reviews: Dos and Don’ts
Failing to follow-up with LPs after an onsite visit and discussing portfolio management as a subject wholly distinct from operations are among some of the mistakes GPs make during LP due diligence reviews.
Why ILPA’s fee reporting template is rattling nerves
The group’s latest initiative to standardize reporting will soon be open for consultation – not everyone’s convinced it can work, but it’s worth their while to engage and help advance best practice.
Lessons from the Blackstone case
Mega-firms being made an example and the SEC taking a more aggressive approach to enforcement are among the takeaways from the Blackstone monitoring fees case
What makes the perfect LP?
GPs know what LPs they like best, and aren’t afraid to use a little psychology to get what they want. Is that a good thing?