Katherine Bucaccio
GPs working on underperforming funds still expect bonus packages equal to or greater than those of executives working on well-performing funds, according to a recent survey.
The airline is the latest corporation to enter the venture capital market with JetBlue Technology Ventures.
President Obama’s 2017 budget proposal would amend a gap in legal definitions of net investment income and self-employment earnings, imposing a 3.8 percent tax on management fee income.
In addition to new hires, SEC’s OCIE plans to reallocate broker-dealer examiners to the investment advisor exam programme.
The bill moves to allow financially-savvy investors who do not meet current income requirements to invest in private funds.
Betty Yee, who serves on both the CalPERS and CalSTRS boards, urged SEC Chair Mary Jo White to take action in order to increase fee transparency for private equity investors.
Reporting is more important to investors than ever before, while cybersecurity is becoming the next top priority for private funds, an EY survey finds.
Former IR managing director Lisa Lee alleges she was fired in retaliation for her complaints about ‘systemic gender discrimination’ at the firm.
Due to increased reporting recommendations, fewer GPs and their portfolio companies are compliant with the voluntary guidelines, according to a year-end survey.
Although many GPs are in the midst of transitioning to the next generation as the private equity industry matures, the majority of US investment firms do not have a succession plan in place, according to fresh research from J. Thelander Consulting and PitchBook.