GIPS 2020: the updated pitch to private equity managers

Today we are diving into the revised Global Investment Performance Standards and revealing how they have been updated to better cater to closed-end private funds. “It’s really going to help a lot, especially in alternative asset classes,” said Michael Caccese, chairman of the management committee and financial services practice area leader at K&L Gates and co-author of GIPS at a panel on the updated guidelines last week.

In other news, a former Blackstone Asia CFO has resurfaced at a start-up that aims to bring private equity exposure to the masses using blockchain.

Email prepared by Toby Mitchenall.