(Wiley Finance) 1st Edition
by Jason A. Scharfman (Author)
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.