September 2016 Issue

If you have an off-the-shelf compliance program or ask one of your executives to wear a second ‘hat’ as compliance officer, you’ll want to review Fortius’ recent settlement

Riverside has introduced office scooters for staff and the women on Wall Street have finally received the recognition that they deserve on the big screen.

A round up of the big stories in the tax and accounting world.

Just after the Brexit referendum, pfm and its sister publications surveyed industry participants about what was next for their business.

In this extract from The Private Equity CFO & CTO Digest, Adveq’s chief operating officer Philippe Bucher explains why a controls report is a good idea.

Private equity advisor Tom Angell explains what the SEC is looking for in fair market valuation policies and procedures, and how firms can avoid setting off alarm bells at the regulator.

Accounting standards for revenue recognition are changing, and though the deadline is a long way off, GPs should be implementing changes now. Rob Kotecki reports

Partner in the financial services regulatory group at law firm Addleshaw Goddard, Brian McDonnell, outlines the consequences if the UK has to give away access to the single market.

A Switzerland-based private equity veteran gives UK fund managers – subject to an uncertain future as Britain begins to exit the EU – the benefit of his country’s 25-year experience negotiating with the union

After Brexit there are a number of potential models on which the UK could base its new relationship with the EU. Here are the most commonly-cited models and how they are expected to affect fund managers

Sarona Asset Management wants to dig in to the details of finance teams, cybersecurity, valuation policies – and above all culture – before it will make a commitment, says co-managing partner Vivina Berla.

With some firms blowing through theirs, and others waiting long into the fundraising process before setting one, is the hard-cap still meaningful?

There’s positive news for European LPs wanting to invest in US and Asian funds under AIFMD passports, but investors shouldn’t get their pens ready just yet.

The UK’s vote to leave the European Union has plunged the private equity industry into unprecedented uncertainty. What can GPs do to prepare for Brexit?

Challenges to growth loom but plenty of evidence suggests private equity is up to the task, writes Deloitte partner Frank Fumai.

The chief financial officer of a PE-backed company has an increasingly crucial part to play in creating value to secure a successful sale.

The role of the chief financial officer of a PE-backed company is a multifaceted one, focused on allocating capital for day-to-day activities and helping achieve a business’s long-term goals, explains Bob Swan, operating partner at General Atlantic.

Financial engineering is no longer enough to keep private equity firms ahead of the competition, writes Kamal Mistry, strategy & operations principal at Deloitte Consulting.

Private equity-led M&A activity cooled in the first half of the year… but only slightly.

Private equity firms are needing to invest in more advanced technology solutions. Luckily, IT is becoming more affordable and easier to implement than ever, writes Deloitte principal Roland Waz.

In a sellers’ market, in-house counsel at private equity firms are at the forefront of negotiations as deal terms evolve. Adam Fliss, deputy general counsel at TPG Capital, explains the current M&A pinch points, and how his team is adding value.

Shannon Stafford is managing director and head of tax for The Carlyle Group. She talks to pfm about tax risk, BEPS and the most dramatically changing tax landscape in a generation.

Rapid growth brings a whole set of new challenges for GPs. David Turner asks experts for their tips on how to scale up successfully.

The SEC’s increased focus on private equity is forcing GPs to embrace a whole new level of compliance, says Bruce Karpati, KKR’s global chief compliance officer.