'Plan ahead' is the byword for CFOs in charge of managing subscription credit lines and bank relationships, as higher staff turnover and changes in risk appetite at lenders have accompanied an evolution into an otherwise more transparent market.
A House bill, as currently written, came as a surprise to the market, as other regulatory, inflation and competitive headwinds abound in private equity. But Fall Forum panelists kept their chins up about the future.
Navneet Govil, CFO of Softbank’s Vision Fund unit, spoke at the CFOs & COOs Forum about the firm’s network, designed to facilitate knowledge sharing among portfolio company CFOs, and its recent partnership with IonQ.
In May, corporate and fund services firm Intertrust Group was hit with the largest anti-money-laundering fine in the Cayman Islands’ history. Private Funds CFO looks at how regulatory changes are heightening risks.
The firm is backing new legislation, which it will soon pilot, that combines the most attractive aspects of the regulatory frameworks from various states; and it wants industry input to help it make it a success.