Chris Witkowsky

Private equity’s new sheriff: SEC names co-head of private funds unit

The SEC is exploring potential rulemaking around GPs’ disclosure of fees, expenses and conflicts, the chairman said last month.

SEC explores potential reforms around private equity fee, expense disclosure

The SEC under President Biden is expected to take a more aggressive role in regulating and punishing bad practices across corporate America, including private equity.

Thoma Bravo, fresh off recent fund closes, sets big goal for next flagship

Firms like Thoma Bravo have capitalised on the growing opportunity for deals and LP desire to tap into the frantic growth of the tech sector.

Novalpina LPs work through transition issues with preferred replacement manager BRG

The hope is that the transition remains amiable and smooth, in which case the existing GP will retain economic rights.

LPs eye BRG as potential replacement for Novalpina GP

LPs appear to want to appoint a new manager to keep the portfolio running because the investments have performed well so far.

GPs consider inflation impact in new deal calculations, existing holdings

Buyouts spoke with several GPs about how they are factoring potential inflation into their existing portfolios and into future deals.

ILPA calls for minimum standards

The lobby group wants the SEC to clarify several high-level issues in private equity, including for GPs to share regulatory examination findings with LPs.

Vista Foundation, Endeavor fund co-head departures don’t trigger key-person provisions

The leadership changes on the firm's small-cap and mid-market funds are understood to have not required key-person approvals by limited partners.

Private equity framed as a strip and flip scheme in Gensler SEC hearing

The SEC under President Biden is expected to take a more aggressive role in regulating and punishing bad practices across corporate American, including PE.

UPDATE: Veteran fundraiser Alan Pardee sues ex-firm for alleged racial discrimination

Pardee formed Mercury along with partners Michael Ricciardi, Mercury’s chief executive, and Enrique Cuan-Ruiz in 2009 after spinning out of Merrill Lynch’s private fund placement group in 2009.