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The SEC's increased interest in private equity firms' track records could lead to a more standardised approach in how fund performance is reported and marketed.
The former head of JC Flowers’ London operation, Ravi Shankar Sinha, has been banned from ever working in financial services again and hit with a £2.87m fine.
While limited partners have had success negotiating fund terms and conditions, changing distribution structures remains a hard sell.
Some LPs are refusing to commit capital to Euro-based funds when managers decline to provide a parallel dollar-based vehicle.
The US financial regulator has been watching how GPs value investments, which includes examinations of track records GPs use when trying to attract LPs into new funds.
Yellow Wood, which secured $225 million for its debut fund, said it will spare its portfolio companies the 'burden' of deal or monitoring fees.
A majority of LPs in a recent survey said they increased their GP partnerships in 2011. Almost a quarter of respondents plan to increase their private equity holdings this year.
A new survey from law firm Nabarro revealed more than three quarters of real estate investors expect an 'early bird' discount or some other reward for committing before a fund's first close.
Europe’s private equity industry has criticised proposals that would subject pensions to new risk capital rules, arguing that the measures promote short-term investment strategies.
The firm’s portfolio companies have saved some $365 million since 2008 due to energy efficiency, waste handling, process improvements and other initiatives implemented through its Green Portfolio Program.