KB

Katherine Bucaccio

UK GP acquitted for breaching labor laws

<p><em>Better Capital’s Tom Wright was found ‘not guilty’ for failing to report redundancies before the collapse of struggling portfolio company City Link last year.</em></p>

2 min read · 16 November 2015

US pension plans allowed to consider ESG in GP selection

<p><em>The US government will no longer discourage private industry retirement plans from investing in ESG-focused funds.</em></p>

2 min read · 09 November 2015

Compliance expert turned GP launches fund

<p><em>A former ACA Compliance consultant said she will use general solicitation, a marketing strategy most GPs still feel nervous about, to reach new investors. </em></p>

2 min read · 27 October 2015

Smarter LPs are forcing industry change: study

<p><em>GPs are now more likely to fall into three distinct categories – publicly-listed global asset managers, regional or industry specialists, and small start-up funds, according to a study by the London Business School’s Coller Institute of Private Equity.</em></p>

2 min read · 21 October 2015

SEC consults LPs as it scrutinises fees

<p><em>SEC inspectors are reaching out directly to investors, asking about their interpretations of certain LPA items, and whether they feel they are being unfairly charged for fees and expenses, according to panellists at the 2015 PE/VC Finance and Compliance Forum.</em></p>

2 min read · 12 October 2015

SEC slams Blackstone over monitoring fees

The buyout giant will pay $39m for failing to fully disclose its accelerated monitoring fee practices and certain legal fee discounts it had received, representing the largest SEC settlement by a private fund manager to date.

3 min read · 08 October 2015

UK offers little clarity on LLC tax treatment

The UK tax authority has issued limited guidance following a controversial Supreme Court ruling in favour of HarbourVest’s George Anson, who was seeking double taxation relief on profits remitted from the US to the UK.

2 min read · 05 October 2015

Equistone CFO defects to Lion

<p><em>The former chief financial officer and chief risk officer at Equistone is now Lion Capital’s new chief operating officer.</em></p>

1 min read · 28 September 2015

Female PE execs look to close gender gap

<p><em>Newly launched industry group Level 20 is hoping to boost the percentage of European women in senior private equity roles fourfold in the next five years.</em><strong></strong></p>

2 min read · 22 September 2015

CalPERS voices support for PE team

<p><span>At Tuesday’s investment committee meeting, CIO Ted Eliopoulos corrected a ‘regrettable’ error made during the pension’s August meeting, which prompted backlash from one board member and a number of bloggers.</span></p> <p> </p>

2 min read · 15 September 2015

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