December 2018/January 2019 Issue

NewSpring Capital’s Jon Schwartz believes his core priority as president and COO is handling all the institutional responsibilities, so the deal team can focus on generating returns.

Some PE firms like Partners Group are making practical use of the new technology. SGG’s Stuart Pinnington discusses potential benefits for managers in embracing it.

Ruth Horowitz, deputy CEO and COO for the asset management arm of the International Finance Corporation, tells pfm how following best practice and outsourcing where needed has helped it manage growth over the last decade.

GPs and fund administrators are strengthening their long-term relationships to ensure private equity firms’ operations are up to investors’ standards.

Raju Hussain explains how he keeps the $70bn firm on the right side of its many regulators and how he guided it through three exams.

Communicating with other executives helps to stay on top of advances in compliance and operations, New Heritage Capital COO and CCO Nickie Norris says.

The ways in which the SEC applies the law on advertising are constantly evolving, say Jason Brown, Eva Carman and Caitlin Giaimo of Ropes & Gray.

The working draft from the AICPA task force focuses on best practice for measuring the fair value of portfolio companies, writes Christopher LaDue, a principal at RSM.

Simon Gordon, Philip Hendy, Fèmy Mouftaou and Wouter Plantenga of JTC look at the opportunities available as the infrastructure market evolves.

Community-adjusted EBITDA is being used to justify sky-high valuations. There are good reasons for skepticism, says Anthony Alfonso of BDO.

ILPA’s Jennifer Choi and Peter Rosenstein, principal at Gen II Fund Services, discuss the challenges and opportunities of private equity data.

The ICAV fund structure in Ireland has been around since 2015, but alternative asset firms are only just discovering its wide range of benefits. Harold Adrion and Patterson Chiweshe of EisnerAmper describe its attractions.

The Senior Managers and Certification Regime will revamp the structure and culture of private equity firms in many ways, valuations being one

In the latest draft amendments to its valuation guidelines, the organization for the first time looks at debt investments in their own right and not just as part of private equity deals.

Complexity, opacity and a lack of standardization have slowed efforts to improve reporting, a conference has heard.

As stapled deals evolve to take all shapes and sizes, GPs and their advisors must continue to disclose their effect on pricing to LPs.

The increasing acceptance of GP-led deals has opened up opportunities in the smaller end of the market, but unique challenges arise when dealing with smaller funds.

Investor protections suggested by a former Abraaj insider will place more importance on the role of finance chief.