April 2016 Issue
Asking the right questions
Limited partners have expressed a growing preference for the third-party fund administration model, and general partners’ interest in outsourcing is growing faster than ever. What attributes do fund administrators need to exhibit to satisfy GP and LP requirements?
German considerations
With interest in German companies and investors on the rise, P+P Pöllath + Partners’ Michael Best and Peter Peschke examine key tax considerations for foreign and domestic fund managers.
Double trouble
Fund managers should be preparing for two significant changes to the tax treatment of management fees and audit of partnerships, says EisnerAmper tax partner Jeff Chazen.
Friends and foes
The relationship between private equity and US labor unions has long been a rocky one. The issue is only getting more complex as some unions scrutinize firms – using tools now available as a result of industry regulation – while others seek to effect change from within as LPs.
Finding a back-office balance
To say today’s mid-market private equity CFOs have a lot on their plates is an understatement. Most finance teams are understaffed and expected to handle more functions than ever before, making outsourcing an increasingly key tool. pfm gathered two fund administrators and three private fund CFOs to discuss the ins and outs of finding a back-office balance.
FATCA information exchange
Managers that thought they had sewn up FATCA compliance may need to think again.
Carry tax: under attack
For well over a decade, carried interest’s tax status has found itself in political crosshairs. But proposed policy changes in the UK, coupled with carry’s recurring cameo in the US presidential elections, point to change on the horizon.