David Snow

These four issues are vexing the busiest person in the private equity firm, writes David Snow

The agency is seeking comments on rules that would prohibit placement agents from dealing with US public pensions. Among the revelations are that the private fund placement industry may be made to pay for the past sins of the US municipal bond market.

The Pension Benefit Guarantee Corporation has revoked contracts with BlackRock, Goldman and JPMorgan after concluding the former head of the federal body may have tainted the bidding process.

Two separate private equity lobbying groups – the PEC and the NVCA – are supporting divergent policies with regard SEC registration.

David Snow details the forces arrayed against the sacred 20 percent performance fee.

New data from State Street shows that the month just passed was among the quietest in a decade by way of new deal activity, but may confirm the view that the market is ‘bouncing along the bottom’.

The new private equity firm will be among the lucky few to have a fresh pile of 'dry powder', managing director and former NFL football star Steve Young told a conference crowd in Las Vegas. Huntsman Gay was formed by Utah industrialist Jon Huntsman and former Bain managing director Robert Gay.

GPs establishing debt and infrastructure funds must decide how to treat interest and other income in the partnership.

Even before the financial markets went off a cliff, we at PEI Manager found ourselves writing the word “granular” a lot. This usually came in the context of our reporting that LPs demand more granular detail from their GPs.

Among the many kinds of stories that PEI Media has covered over the years, layoffs at private equity firms has been among the rarest.