Jenna Gottlieb

The industry trade organisation has released its latest set of templates expected to help simplify and standardise reporting in the private equity industry.

Delegates spoke at PEI’s first Operating Partners Forum last week about the challenges of working with portfolio companies, recruiting issues and creating value.

Board members and executive staff of California’s two largest pension systems now face tough restrictions on their post-pension employment.

The US Securities and Exchange Commission is planning to interview officials from the $15bn Kentucky Retirement Systems as part of an inquiry into the use of placement agents.

The FDIC’s board voted unanimously to seek comments on the proposal through 13 January. The Federal Reserve also stated it would accept feedback by that date.

Regulators will unveil details of a much-anticipated rule that bans most proprietary trading by banks and is expected to fuel the secondary market.

Shareholders in the food group have won an $89.4m settlement that challenged the buyout of Del Monte Foods.

Private equity managers cited difficulty complying with new regulations, according to a KPMG survey. Managers also reported a dim view on the economy and the fundraising environment.

The US Supreme Court has given the green light to an investor lawsuit claiming Steve Schwarzman-led Blackstone whitewashed its portfolio before launching its listing on the NYSE.

Charles Robinson was named the firm’s first head of investor relations. He joins from HSBC Global Asset Management, where he worked as the global head of alternatives distribution.