Rob Kotecki

For emerging managers, fractional CFOs can be a cost-effective way to lay the foundation of a firm’s operations, but they can’t replace a full-time finance chief forever.

Tariffs infuse multiple layers of uncertainty into valuations, which could delay deal activity and prolong holding periods.

Things the PFCFO team heard from the first day of the Private Funds CFO NY Forum this week.

ILPA launches its first performance template and upgraded its reporting template for the first time since 2016.

With the striking down of the SEC’s proposed rules and the arrival of the second Trump administration, managers expect a friendlier regime in 2025, but there are still regulatory challenges ahead.

Market observers expect a friendlier approach towards private equity and M&A from the FTC of a second Trump Administration, but GPs still shouldn’t expect lax antitrust enforcement.

CFOs are addressing today’s cybersecurity risks by fully integrating their technology, compliance and governance efforts as part of a holistic defense strategy.

Given the mountains of additional paperwork the legislation requires, GPs would do well to begin their efforts now.

When it comes to the administration of the management company, GPs need to strike a balance between delegating to a service provider and setting up the internal framework to supervise the work.

Private Funds CFO's Management Company report, produced in partnership with Gen II Fund Services LLLC, shows that GPs should vet service providers with the same care and rigor as any full-time employee.