Private fund CFOs are getting to grips with shifting priorities amid a complex financial and operational landscape.
While the Trump administration may be focusing on deregulation, private fund CFOs cannot afford to rest on their laurels. Evolving audit expectations, alongside increasing scrutiny of valuation processes and investor protections, particularly in light of efforts to open up private markets to retail investors, mean finance professionals are navigating a changing – rather than reducing – set of pressures.
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In this Accountancy and Tax special report, we investigate how these functions at private markets firms are changing, why LPs are paying more attention than ever, and what the Hong Kong government’s tax exemption proposals could mean for co-investments.
CFOs get ready for change
From tax rule changes to talent shortages to tech innovation, accountancy and tax functions are evolving fast. CFOs need to be prepared.
EisnerAmper on the war for talent
A scarcity of tax and accountancy talent is fueling LP due diligence and driving a trend toward outsourcing, says EisnerAmper’s Nicholas Tsafos.
Hong Kong tax overhaul raises co-investment questions
As the Hong Kong government reviews its tax concessions for private funds, co-investments could present a complication.
Data Snapshot: GPs rarely bring tax staff in-house
Sponsors heavily rely on outsourcing for help, with varying preferences for support.
UK carry tax change essentials
Ahead of new UK carry tax legislation, Jenny Wheater, a partner at Debevoise & Plimpton, outlines key changes.
As the tax and accountancy burden continues to grow, Private Funds CFO asks how the changing private markets landscape is set to affect managers’ back-office functions. In this special report, we look at where firms may have to rethink their fund accounting models if they want to onboard retail investors, how increasing LP scrutiny of managers’ back-office tax processes requires greater sensitivity, and more.
Navigating retailization’s back-office challenges
Firms may have to rethink their operating and accounting models if they want to embrace the potential of private wealth.
Withum on taking a pragmatic approach to AI
Hot-tempered debates around artificial intelligence can obscure its actual potential and perils, but reality checks may be needed for managers curious about the technology, says Withum’s Colleen Fay.
How the taxman has spooked Bavaria’s private equity industry
Jail time, fines and increasing investigations from the local tax authority – in Germany’s largest state, the private equity industry appears to be in a state of fear when it comes to the issue of tax and offshoring.
Dialogue between GPs and LPs is key for understanding tax concerns
Approaching increased LP diligence on tax matters with sensitivity is key, says Proskauer's Catherine Sear.
As inflation rises across key markets and the Russia-Ukraine war continues in Europe, private funds professionals hoping to hedge their businesses against the worst of the impact will need to consider the accounting and tax implications of such an environment. In this special report, we examine how inflation is introducing additional risk into the valuations process, and the increasing importance of tax fairness in environmental, social and corporate governance deliberations for private funds managers.
