Nicholas Donato
The California pension plan reported that its fund managers have realised $3.4bn in shared profits, a number that industry practitioners fear will be taken out of context by media outlets.
The commission’s top inspector has been calling for more dialogue between registrants and regulators.
Amendments to the UK's 2015 Summer Finance Bill were added to confirm certain taxes will not apply when fund managers dispose of their carried interest rights.
Inexperienced auditors investigating complex partnerships was one concern raised at the inaugural pfm Tax Forum in Boston.
The LP trade body is asking how to account for co-investment fees and other costs as part of its quest to standardise fee reporting.
New rule proposals on succession planning and fiduciary duties are in the works, SEC chair Mary Jo White revealed.
Heavy snowfall in the US Northeast may prompt many private fund professionals to work from home on Tuesday as well as test firms’ business continuity planning.
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