Finance & Accounting

THE NVCA HAS FORMED A GROUP FOR IN-HOUSE HUMAN CAPITAL PROS.

THE RECENTLY EFFECTED CIRCULAR 75, WHICH REGULATES OFFSHORE VEHICLES INVESTING IN CHINA, IS ‘MORE WORKABLE’ THAN RULES ISSUED EARLIER THIS YEAR.

SORENSONCAPITAL IS, BY DESIGN, HEAVY ON STAFF AND OPERATING EXPENSES.

?What forms of training do you provide new associates?? 2005-11-01 Staff Writer Kleinwort Capital has a program that comprises technical, regulatory and personal skills training and development. Initially we focus new recruits on achieving FSA threshold competency, the specifics of which are dependent on the

Since joining Sydney-based buyout firm CHAMP Private Equity as CFO in October 2001, Barry Zuckerman has had a big impact on Down Under private equity. He was instrumental in the introduction of new valuation and reporting guidelines by the Australian Venture Capital Association (AVCAL), and also played a key role when CHAMP raised its latest A$750 million ($568 million; €468 million) buyout fund earlier this year. Early in his career, Zuckerman had spells in the audit divisions of Ernst & Young and PricewaterhouseCoopers before joining Howard Group, an Australian Stock Exchange-listed fund manager and finance company, in 1992 as CFO and company secretary. In 1998, when Howard Group was taken over by Challenger International Limited, a boutique fund manager, Zuckerman became CFO of the combined entity. Over the next three years, the group acquired 13 businesses and grew its staff numbers from 30 to 750. Zuckerman recently spoke with Private Equity Manager about the initiatives he has undertaken, the challenges he has faced and the business structure he has helped build at one of Australia's leading private equity operations.

Chinese companies are gradually waking up to Western standards of corporate governance, but there is much progress still to be made - and investors must tread carefully. By Andy Thomson

Deal attribution can be a tricky undertaking, especially if GPs who spin out do not have the support of their former sponsor institutions. By Judy Kuan

Pod Holding seeks an edge in the venture game by offering a bridge between the Nordic countries and the US market. By David Snow

INDUSTRY FRONTLINE 2005-11-01 Staff Writer Joly joins ProbitasGlobal placement agent Probitas Partners has added Francois Joly to its team as a director. Joly, formerly a senior member of the investment team at Caisse de Depot et Placement du Quebec, has 15 years' experience of

ANTI-MONEY LAUNDERING CONTROLS ARE A PAIN. BUT FAILURE TO COMPLY IN THE UK COULD LEAD TO EVEN MORE PAINFUL PENALTIES FROM REGULATORS.