Commentary

Don’t be a slave to the slides

Data points and statistic-filled slide decks are important tools, but panellists at our Investor Relations Forum last week reminded peers that the power of storytelling – both with LPs and the general public – must not be forgotten.

Tying fees to expenses

It’s time for firms to link management fees more directly to the cost of running the business.

LPs increasingly turn attention to Latin America

The macro-economic story in much of Latin America makes it an especially attractive destination for private equity dollars, and institutional investors who have had appetite for Asia should explore the region, writes TorreyCove Capital Partners, led by David Fann.

Hitting the wall

A report from Moody's revealed European private equity managers are fast approaching another wall of debt maturities and expect some defaults -- but will the industry be able to muddle through?

Working with management for investment success

Private equity and venture capital managers appear to play different roles in investments – PE takes over companies and VC buys small stakes. But the methods should be the same: to work with management to build better companies, writes Damien Lane.

The valuation challenge

The SEC is looking into how GPs mark their assets amid concern that trumped-up valuations could be used in fundraising pitches. Its interest could help advance the discussion around the need for greater clarity around valuation methods.

Tax revisited

The most powerful argument against sustaining the status quo on taxing carried interest is the political one.

Private equity haven in the economic storm

With funding options declining in other parts of the world, a small but growing private equity community has emerged in Monaco, where government policies have opened competition, writes Zsolt Lavotha.

End this futile debate

The GP share of profits earned on LP capital is income and should be taxed accordingly.

Getting the facts out

Illinois' politicians have reacted to private equity-related press coverage with a decision to examine the investment risk being taken by the state's pension programmes. It's a reminder that partisan attacks on private equity are likely to lead to more than one committee meeting.