Fundraising

Adopting fund reporting technology can greatly streamline communications with your LPs. But there's a lot to consider in making sure the system you choose is a good fit for your firm. By Simon Thornton, PEARonline

The Cleveland, Ohio-headquartered firm has acquired a Korean preschool operator, its second deal in Asia, and its 20th in 2008.

The publicly listed investment firm also disclosed in its second quarter earnings call that it is nearing its $2.5bn target on a private equity-style credit fund – yet its fundraising pace has dropped more than 70 percent compared to the same period last year.

Alternative investment vehicle (AIV) clauses in US partnership agreements grant GPs the flexibility to create the most tax efficient entity for an acquisition, but those entities do court their own risks.

Ahead of a planned IPO, the private equity behemoth has named its first CAO, added business lines and reorganized key fundraising roles

Brazil's GP Investimentos, which has raised $1 billion and counting for its fourth fund, is primed for the big leagues as it readies itself to go regional in Latin America. In its 15-year history, the firm has been through a management succession and an IPO on the Luxembourg exchange. And no one has a corner office.

Former Deloitte & Touche senior partner Peter Nachtwey has replaced Carlyle's CFO of 10 years, John Harris.

With private equity firms bigger and more complex than ever before, sophisticated chief financial officers are in high demand. No one knows this better than Clarke Murphy, the head of global private equity searches at executive recruiter Russell Reynolds. Murphy, based in New York, tolddavid snowrecently that while investor relations professionals are probably at peak demand currently, private equity firms are on the hunt for CFOs and finance professionals who can bring a diverse mix of skills to the table. Excerpts from our conversation with Murphy are below.

Resolving valuation disputes with auditors requires that GPs document their assumptions, backing them with outside expertise and historical metrics.

The New York-based private equity firm has brought on Chris Durbin to help stengthen its financial services industry vertical.