Katherine Bucaccio

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.

The US government will no longer discourage private industry retirement plans from investing in ESG-focused funds.

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

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.

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.

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.

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.

The former chief financial officer and chief risk officer at Equistone is now Lion Capital’s new chief operating officer.

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.

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.