February 2013 Issue

Investors are quantifying how well a fund adheres to ILPA’s best practice principles.

Rahul Agarwal has left the private equity titan after eight years to join asset management firm CIFC.

The agency is ramping up efforts to sniff out firms with 'zombie' funds or who misrepresent the value of their holdings to investors.

The pan-EU watchdog has released guidelines clarifying some of the directive’s key concepts, including the definition of an 'AIF'.

Interim chief accountant Paul Beswick has been given the job permanently as the agency considers incorporating international accounting standards into the financial reporting system for US companies.

Popular fund domicile Ireland has followed the UK’s lead by signing a reciprocal tax information exchange agreement with the US.

The industry’s preeminent valuation guidelines have steered CFOs to adopt US accounting standards on ‘units of account’ when calculating a fund’s fair market value.

Waiting until the end of the year to engage auditors about the firm’s valuation process can put a damper on your holiday spirit.

Tech-savvy GPs not only make life easier for employees, but place themselves in a favourable position with information-hungry investors.

PE Manager gazes into its crystal ball to help set your thinking for the year ahead.

Not all private equity CFOs are convinced certain sensitivity tests on their valuations is time well spent, but PwC valuations partner Nick Rea tells PE Manager why they should reconsider

Shearman & Sterling lawyer Laura Friedrich discusses how private equity firms can keep LPs' and GPs' interests aligned when structuring the fund.

A proposal in the works would have US-based GPs report any suspicious trading to financial regulators – that is unless the industry could convince them the rule would be superfluous in the private equity sphere.

A look into what best practices are emerging post-SEC registration for firms required to write a confidential Form ADV ‘brochure supplement’.

Celebrations were short-lived when the European Commission unveiled long-awaited AIFM ‘level 2’ measures that failed to satisfy all of GPs’ compliance questions. PE Manager explores what steps firms can still take to meet the directive’s many requirements.