Performance Equity Management related stories
All articles and analysis
'Triple-A' private fundsA new era of transparency and reporting could open the door wide enough for one innovative group to craft a Moody’s type-service for buyout funds. The benefits for star managers could be greater exposure to LPs and making it easier to negotiate management fees, writes Nicholas Donato.
- Currie: regulation ‘hampers’ clients
David Currie of fund of funds manager SL Capital Partners recently spoke to PEM about the new regulatory environment, how it impacts clients, and the associated costs with compliance
- Emerging market funds grant concessions
Terms and conditions of emerging market funds are being influenced by two counterbalancing forces: appetite for the region and risk, says Geoffrey Kittredge of Debevoise & Plimpton.
- Get ready to lobby some more
The EU’s proposed ‘financial transaction’ and ‘financial activities’ taxes were intended for the banking sector, but private equity deals and remuneration could fall under their scope, writes Amanda Janis.
- Lobbying begins against new EU taxes
The EU Commission is now in the process of receiving public feedback regarding possible taxes on private equity transactions, GPs’ remuneration and the wider financial industry.
- Rethinking phraseology
Fundraising in the post-SEC registration environment will bring about changes in how GPs use language, writes Jenna Gottlieb.
- PEC adds 18 members, changes name
The Washington, DC trade group has more than doubled its membership to include mid-market firms, and has created a committee to consider issues relating to the small and mid-market.
- Undisclosed luxury travel centre of CalPERS probe
The pre-2008 trips - arranged by private equity and real estate GPs - related only to firms in which the US pension owned a management stake or on whose LP advisory boards it sat.
- Trailblazing Oregon
Oregon Investment Council’s fee stipulations have led the way among US pensions in demanding concessions from fund managers.
- Freshening ‘stale’ commitments
In a capital-starved market, communicating the status of ‘stale unfunded’ commitments to LPs is a winning way to forge strong relationships and free up new commitments.