Develop and manage a private equity compliance program
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.
Private Equity Compliance 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.
Provides real–world compliance guidance
Offers information that is tailored to the current compliance practices employed by GPs in the private equity industry.
Provides guidance on managing the compliance risks associated with cybersecurity and information technology risk
Serves as a PE–focused complement to the author′s previous book, Hedge Fund Compliance
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.
Chapter 1 – Introduction to Private Equity Compliance
Chapter 2 – Compliance Obligations of General Partners
Chapter 3 – Limited Partner Advisory Committees and Other Boards
Chapter 4 – Valuation Compliance
Chapter 5 – Conflicts of Interest
Chapter 6 – Fees and Expenses – Compliance Considerations
Chapter 7 – Private Equity Compliance Technology, Business Continuity and Cyber security
Chapter 8 – Understanding Private Equity Compliance Documentation
Chapter 9 – Compliance Training, Surveillance and Testing for Private Equity Firms
Chapter 10 – Limited Partner Analysis of Private Equity Compliance Functions
Chapter 11 – Interviews with Private Equity Compliance Professionals
About the Author