regulation

Disclosure, the role of the LPAC and status quo options may make some GP-led restructurings unaligned with the industry body's guidelines, according to Cleary Gottlieb.

Running a fund restructuring can be virgin territory for GPs; ILPA’s latest guidelines will be as helpful to them as it will to its members.

The Institutional Limited Partners Association's guidance defines status quo options, minimum timeframes for LP decisions and recommends caps on deal expenses.

Secondaries Investor caught up with the industry body’s chief executive Steven Nelson for a sneak peek at its soon-to-be released GP-led secondaries best practices.

At a secondaries-themed breakfast we found that, unlike the pastries, changes to US tax rules are not going down well.

Holding tax on effectively connected income has significantly increased the time taken to execute deals, according to intermediary Elm Capital.

Expect a document that gets into the weeds when the LP body issues its best practices for fund restructurings.

The industry body, which represents $2trn in PE assets, plans to publish an update to its private equity principles as early as this year.

The Trump-appointee fills a position vacated by Michael Piwowar in July.

The secondaries market has come a long way; best practice around managing conflicts of interest has some way to go.