Vehicular taxicide 2006-01-01 Staff Writer Although the mighty limited partnership has some challengers, its powerful formula for aligning interests appears to make it unstoppable as a mode of business organization.<br /><br />After taking over the private equity industry, the limited partnership
As private equity continues to draw capital, investors are keenly interested in measuring the asset class' performance history and are calling for self-regulated reporting standards among private equity firms. In France, direct funds and fund of funds manager AXA Private Equity is the first to be awarded GIPS (Global Investment Performance Standards) certification. Instrumental to AXA's adoption of the GIPS reporting standards has been Marie-Lys Halloppé, head of the firm's administration and finance department. Since joining the AXA group in 1982, Halloppé has led the firm's financial communications, portfolio valuations and private equity performance audit functions. Private Equity Manager recently spoke with Marie-Lys Halloppé about AXA's adoption of GIPS and the expected impact of adhering to these standards on the firm's activities.
Focus on operations 2005-12-01 Staff Writer Private equity firms apply differing approaches to the enhancement of operations at portfolio companies, but this important aspect of value-add appears to be heavily front-loaded, according to a recent survey from New York-based consulting firm Gotham Consulting Pa
Political giving is good, but the road to bad publicity and regulatory change is often paved with well intentioned campaign contributions. By David Snow
The European private equity market today is barely recognizable from that of a few years back - and yet terms and conditions, particularly regarding preferred return and carry, are in many cases failing to recognize this. By Ray Maxwell
As the wins and losses of private equity become more visible to - and influenced by - the public eye, GP firms are finding more reasons for keeping a communications crisis management strategy on hand. By Judy Kuan
Rather than using W&I insurance merely to minimize post-closure transactional risk, increasingly private equity investors are applying it as a risk management tool to gain a strategic advantage in M&A negotiations. By Judy Kuan
The management company advisory board is, to some, a vital aid to entering new markets, but to others an unnecessary luxury. By Andy Thomson
When a new private equity firm is born, a new back office system needs to grow up alongside it. Australia's Ironbridge Capital found this to be ‘extremely complex.’ By Andy Thomson
INDUSTRY FRONTLINE 2005-12-01 Staff Writer Alvarez & Marsal recruits PE proGlobal turnaround consulting firm Alvarez & Marsalhas hired Jack McCarthy as managing director and co-head of the firm's transaction advisory group. Based at A&M's New York office, McCarthy w