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Brian Bonilla

DATA SNAPSHOT: LPs are demanding more from CFOs

Investors can find it helpful to meet CFOs during the due diligence process, especially when it comes to concerns related to fees and expenses.

DATA SNAPSHOT: Firms prefer to deal with restructurings and extensions later rather than sooner

Some GPs think it’s impossible to predict fees and expenses for the restructuring and extension of a fund, so they would rather not include it in their LPAs.

SEC’s head of San Francisco office to leave agency

Jina Choi’s departure follows a string of recent high-level officials stepping down, with skills and leadership that can be difficult to replace.

How are PE firms vesting their carried interest?

30% of professionals said that their vesting schedule lasts more than five years, according to a survey by Heidrick and Struggles.

Salaries are rising for senior positions in PE

57 percent of investment professionals saw an increase in salary from 2017 to 2018.

DATA SNAPSHOT: Why PE firms are reluctant to outsource valuations

Steep costs are likely one reason the valuation process is kept in-house at PE firms more than any other back office function.

AICPA to release final version of valuation guide in May 2019

One of the guide’s authors expect it to help improve the valuation process and be useful for regulators and auditors.

SEC enforcement unit continues to lose staff, raising concerns on PE oversight

The Enforcement Division has lost 10 percent of its staff over a two-year period.

How larger PE firms differ on finance staff

A recent report by McKinsey found that larger firms generally hired more staff amid a pick-up in reporting demand from investors.

DOWNLOAD: pfm’s authoritative benchmarking data on fees and expenses

The survey — produced in partnership with PEF Services, Pepper Hamilton and WithumSmith+Brown — covers transparency issues, the GP-LP dynamic, and SEC exams.

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