Daily

Thoma tells us what he thinks the PE industry needs to do – and what it needs to subject itself to; Panelists at the Forum warn about the potential pitfalls of raising capital overseas.

As noted at the CFOs & COOs Forum (and independently reported by Buyouts on Friday), GPs are coming up with creative ways of avoiding a tax hit on carry earned for investments held under three years. Good timing, given the increased velocity of exits.  

Neuberger Berman COO says AML/KYC regs will, and should, come to the US private markets; A universal guide to valuations; State Street and iCapital join up to target HNWIs, family offices, and (eventually) retail

Thoma predicts the decline of carry and fees; GP-led secondaries requires innovation to grow; LPs aren't as confident as you are about your cyber chops; CFOs consider push into daily IRR, even as they drag feet on GIPS.

It's CFOs and COOs Forum week. Before that though, it's time to talk about valuations.

A new cross-border advisory firm is bringing FX hedging to the masses.

Hamilton Lane taps AI for capital activity management; European PE, still strong, has challenges ahead.

SEC director William Hinman will be fielding questions at next week’s conference; MJ Hudson releases a comprehensive ‘guide to secondaries’.

A standardized ESG means cheaper finance; seven reasons firms are outsourcing fund admin; Blue Wolf update.