Details

Private Equity Compliance


Private Equity Compliance

Analyzing Conflicts, Fees, and Risks
Wiley Finance 1. Aufl.

von: Jason A. Scharfman

50,99 €

Verlag: Wiley
Format: EPUB
Veröffentl.: 10.09.2018
ISBN/EAN: 9781119479642
Sprache: englisch
Anzahl Seiten: 224

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

<p><b>Develop and manage a private equity compliance program</b> </p> <p>Compliance has become one of the fastest-growing areas in the private equity (PE) space. Mirroring trends from the hedge fund industry, recent surveys indicate that PE managers rank compliance as the single most challenging aspect of their business. Reports also indicate that PE compliance spending has rapidly outpaced other PE operating costs with recent estimates indicating that individual PE funds on average spend at least 15 - 20% of their operating budgets on this area. General Partners (GPs) have also significantly ramped up the hiring of private equity compliance related roles.</p> <p><i>Private Equity Compliance</i> provides current and practical guidance on key private equity (PE) compliance challenges and trends. Packed with detailed, practical guidance on developing and managing a private equity compliance program, it offers up-to-date case studies and an analysis of critical regulatory enforcement actions on private equity funds in areas including conflict of interest, fees, expenses, LP fun raising disclosures, and valuations.</p> <p>•    Provides real-world compliance guidance  </p> <p>•    Offers information that is tailored to the current compliance practices employed by GPs in the private equity industry.</p> <p>•    Provides guidance on managing the compliance risks associated with cybersecurity and information technology risk</p> <p>•    Serves as a PE-focused complement to the author's previous book, <i>Hedge Fund Compliance</i></p> <p>If you’re a private equity investor or compliance officer looking for trusted guidance on analyzing conflicts, fees, and risks, this is one reference you can’t be without.</p>
<p>Preface ix</p> <p>CHAPTER 1 Introduction to Private Equity Compliance 1</p> <p>CHAPTER 2 Compliance Obligations of General Partners 15</p> <p>CHAPTER 3 Limited Partner Advisory Committees and Other Boards 25</p> <p>CHAPTER 4 Valuation Compliance 41</p> <p>CHAPTER 5 Conflicts of Interest 53</p> <p>CHAPTER 6 Fees and Expenses – Compliance Considerations 73</p> <p>CHAPTER 7 Private Equity Compliance Technology, Business Continuity, and Cybersecurity 107</p> <p>CHAPTER 8 Understanding Private Equity Compliance Documentation 121</p> <p>CHAPTER 9 Compliance Training, Surveillance, and Testing for Private Equity Firms 137</p> <p>CHAPTER 10 Limited Partner Analysis of Private Equity Compliance Functions 151</p> <p>CHAPTER 11 Interviews with Private Equity Compliance Professionals 167</p> <p>CHAPTER 12 Compliance Trends and Future Developments 193</p> <p>About the Author 205</p> <p>Index 207</p>
<p><b>JASON A. SCHARFMAN</b> is the Managing Partner of Corgentum Consulting, a specialist consulting firm which performs operational due diligence reviews and background investigations of fund managers, including hedge funds and private equity funds. Mr. Scharfman has provided training to financial regulators, consulted with government entities on financial regulation, developed compliance functions, and analyzed private equity compliance structures across the globe. He is the author of <i>Hedge Fund Compliance</i> from Wiley.
<p><b>An Invaluable Guide for Developing and Managing A Private Equity Compliance Program</b> <p><i>"The old attitude of doing just enough to not get in trouble with regulators is no longer acceptable when it comes to private equity compliance. Today, regulators and LPs have increasingly demanded that GPs actively embrace the challenge of implementing and maintaining a rigorous compliance infrastructure. GPs are increasingly viewing compliance as not a stumbling block, but an opportunity by which they can improve the oversight, governance and management of their firms and funds. By acknowledging the benefits of thorough compliance management in this way, all constituents in the private equity industry can benefit from continued dialogues in this area and improve the industry as a whole."</i></br> <b>—From the Preface</b> <p>From Jason Scharfman, a leading expert in the field of due diligence, comes an essential resource and guide to developing and managing an ethical and effective compliance program. In addition to the basic information, the book also explores compliance challenges and recent trends. Filled with compelling examples, current practices, information on the obligations of general partners and committee members, suggestions for analyzing a program, and much more, <i>Private Equity Compliance</i> is the much-needed guide for understanding compliance in today's private equity industry.

Diese Produkte könnten Sie auch interessieren:

The 7 Non-Negotiables of Winning
The 7 Non-Negotiables of Winning
von: David K. Williams
PDF ebook
16,99 €
It Starts With Passion
It Starts With Passion
von: Keith Abraham
EPUB ebook
11,99 €
Getting Started in Property Investment For Dummies - Australia
Getting Started in Property Investment For Dummies - Australia
von: Bruce Brammall, Eric Tyson, Robert S. Griswold
PDF ebook
8,99 €