March 2012 Issue

How pay rules should apply to private fund managers and whether it’s smart to keep dealmakers separate from a risk oversight team are among the questions now being considered by the UK’s Financial Services Authority.

In what could be a debate that catches the eyes of tax authorities, private equity accountants are differing over whether carried interest should be treated as a performance fee, or a return on investments.

General partner sentiment for ILPA'S standardised reporting guidelines was a mixed bag at PEI's CFOs and COOs forum in New York on Thursday.

For her time spent as an industry advocate in Washington DC, as well as her crucial contributions to Riverside as its chief operating officer, Pam Hendrickson becomes the recipient of the 2012 Private Equity Manager Leadership Award.

GPs managing euro-denominated funds should have contingency plans in place to maintain smooth operations in the event of a euro collapse, legal advisors warn.

Senior-level dealmakers expect smaller bonuses for their performance in 2011, but will still command comfortable salaries according to an exclusive PEM compensation survey.

Concerns over administrative burdens and compliance costs have been reduced for non-US firms as the US Treasury signals a willingness to work with other governments in collecting tax information on foreign accounts.

Investor perceptions coupled with more aggressive regulations from onshore goverments may be diminishing the appeal of offshore fund domiciles.

Alongside a hire pulled from KKR for its investor relations group, the energy investment specialist has recruited GE executive Claudi Santiago to scout talent, develop relationships and implement best practices as chief operating officer.

Some GPs, intimidated by the challenge in sharing support functions across portfolio companies, could be leaving cash on the table, writes Latham & Watkins duo Allen Klein and Kevin Boyle.

China’s nationwide rules governing private equity fundraising and operations are in place, but it’s too early to tell whether the legislation will have teeth

Our annual compensation survey provides a snapshot of the salaries private equity professionals currently command

Private equity firms’ relationship with public-sector investors was transformed when the SEC crafted its still-recent ‘pay to play’ regulations. Thomas Harman (pic) and John O’Brien of Morgan Lewis explain the main elements and compliance requirements behind the rule.

The private, illiquid nature of ownership interests in private equity firms can result in a wide discrepancy of opinions regarding their worth. We ask Kyle Vataha of Pluris Valuation Advisors what goes into the firm valuation process.

What happens when you sit down five private equity professionals with compliance on the mind? At a time when SEC registration looms, Charles Lerner of Fiduciary Compliance asks Commonfund duo Ralph Money and Robert Phay, as well as Proskauer attorneys Howard Beber and Michael Suppappola, what it all means for firms’ fundraising efforts and investor relations strategies.

European policymakers want fund managers to disclose responsible investment reports.

A recent study on management fees versus returns leaves more questions than answers

New legislation reopening the debate on a carry tax hike may finally reach the president's desk as a result of the furor over Mitt Romney's private equity past, according to a speaker at Private Equity International’s annual CFOs & COOs Forum in New York.

Back office support and transparency are just two of the many 'tie breakers' LPs now use when selecting their fund managers, according to speakers at Private Equity International’s annual CFOs & COOs Forum in New York.