December 2017/ January 2018 Issue

An industry veteran is the new head of the world’s most powerful central bank.

US GPs do not seem too concerned about a tax reform limiting interest expense deductibility.

The message to lawmakers is simple: do not harm a long-standing, proven catalyst for business success, says the industry body's president and chief executive.

The fact that Apax Partners shelved plans for its GP-led secondaries process shows that LPs' desire a genuine 'do nothing' option.

Co-investments are becoming more frequent, but policies outlining who pays up when a deal falls through are not always updated at the same pace.

The Paradise Papers offer tidbits to titillate readers. For the private funds industry, however, there are more important trends to consider.

Could banks be about to re-enter the investment pool?

Fund managers have the ability to navigate even the trickiest of outcomes.

Limited partner advisory committees are meant to help resolve conflicts of interest, but are they being given adequate opportunity to do so? Claire Wilson reports on concerns they are being cut out of the action

Salaries for junior staff in Europe are rising faster than for those at the top of the tree. Rebecca Akrofie finds out what is driving the numbers.

Managers are still digesting the implication of potential limits to interest deductibility, a proposal included in the US tax reforms, while service providers are confident there will be an industry rally against it.

CFOs of lower mid-market private equity firms are facing mounting demands on the back and middle office, but finding the right release valve for fund administration duties is not always so simple.

Michael Chae, a deal guy who moved into management, on corporate finance and the three layers of the CFO role.

Prudential Portfolio Management Group's head of alternatives shares his thoughts on challenging GPs over subscription finance.

The MoonSail Capital and Clearlake partners who founded ‘Private Equity 4 Puerto Rico’ tell pfm about their $10m effort to provide relief to the US territory in its hour of need.