Investor reporting

CFOs say they welcome ILPA’s call for more disclosure on subscription credit line usage, but some still argue producing two different IRRs will only further complicate reporting.

Me: 'Thoughts on the ILPA recs?' You: 'They’re great. But I want to keep my sub line drawn for the first two years of the next fund'; Compliance during the pandemic: tips and advice from experts.

CFOs speaking to Private Funds CFO are keen to be able to keep subscription credit lines drawn until their funds hold a final close to avoid what they say are messy LP rebalancing issues.

Xen Capital, a Singaporean fundraising platform, is planning to launch a free-to-use reporting tool to improve the quality of manager communication during the covid-19 pandemic. Three of Xen’s GP shareholders – the identities of which are unclear – are user-testing the communication portal ahead of a planned launch on 30 April, chief executive Katrina Cokeng […]

The industry organization is circulating a draft proposal recommending a host of disclosures on GPs’ use of subscription credit lines, with an eye to helping LPs manage exposure to the lines, allocation to PE and overall liquidity.

ILPA outlines how LPs can estimate their subscription credit line liability in a draft set of recommendations on disclosures reviewed by Private Funds CFO.

Find out which law firms can oversee your next secondaries transaction with our downloadable list. Last updated on 04/02/20 with details for Clifford Chance.

See our list to find the best advisor for your next GP-led secondary transaction. Last updated on 03/05/20 with details for Setter Capital.

The private equity industry is likely to see an increasing number of defaults over the coming months as the covid-19 crisis hits LPs. Lawyer Ed Hall lays out the next steps for GPs in this extract from The LPA Anatomised.

CFOs are largely planning on leaving their 12/31 marks untouched; Duff & Phelps warns that now is not the time to diverge from your established valuations practices.