Accouting standards
8 August 2022
73 Strings partners with LemonEdge
The partnership aims to facilitate the flow of data between portfolio monitoring and accounting modules
4 August 2022
BOE interest rate hike to impact valuations
“I think we can expect to see the interest rate hike exert some downwards pressure on valuations, though how much is difficult to forecast given the broader market conditions.”
25 July 2022
House of Lords slams PE for “financial engineering and tax avoidance”
Lord Sikka pointed to private equity fund and deal structures in Switzerland, Jersey and the Caribbean, created for the purpose of “asset stripping, profit shifting and tax avoidance”
16 May 2022
5 minutes with… DealsPlus
We caught up with founder Venkat Subramaniam to discuss how the platform is standardising deal closing and investment management processes
7 March 2022
The pendulum has swung
The recent noise coming from the SEC is largely measured and unsurprising; as the asset class matures of course it should adhere to stricter oversight
23 February 2022
ADS rebrands to PCDS
PCDS has also named BNY Mellon’s Scott Kern as its new board member
16 February 2022
5 minutes with…. Untap
We caught up with new tech player Untap, which brings together portfolio monitoring, value creation strategy and ESG capabilities to bring about tech enabled portfolio management
10 January 2022
Operational forecast for 2022
We take a look at Alpha FMC’s predictions for PE operations this year, as well as individual forecasts for CFOs, COOs, CTOs, CDOs and heads of compliance
5 November 2021
BC Partners joins Partnership for Carbon Accounting Financials
Membership marks the first private equity firm to join the PCAF
4 November 2021
IPEV Board publishes review timeline
The IPEV Board has started the 2021 review process and expects to publish the final revised guidelines in Q2 2022
30 September 2021
Taxation of partners: Changes expected
Alex Conway of Crowe UK details expected changes as to how partners will be taxed following the government’s current consultation
18 June 2021
PE needs to spend more on data management
State Street's report found 70% of alternative asset managers said they need to spend more money on data management to handle increased pressures and demands
17 June 2021
KPMG joins campaign for reporting taxonomy
KPMG UK has become a founding member of Private Capital Data Standards Alliance (PCDS Alliance – formerly ADS Initiative)
9 June 2021
New horizons: Carbon pricing
Professor Gianfranco Gianfrate, Climate Finance Lead and Professor of Finance at the EDHEC-Risk Institute, says carbon pricing is happening and managers need to prepare
24 May 2021
Comment: Managing privacy concerns surrounding FATCA and CRS compliance
Ed Harris, Louise Crawford and Adela Komorowska of Hogan Lovells examine the friction between enhanced transparency among tax authorities and the right to privacy
10 May 2021
In conversation: Do we even need standardisation?
A recent podcast discussion explored technological advances in data transmission, and asked if standardised reporting is still necessary?
4 May 2021
WATCH: What do LPs do with all the data?
A recent webinar discussion explored the way in which data is being communicated, how technology is helping both GPs and LPs, and what LPs are doing with all the information
28 April 2021
LISTEN: Do we even need standardisation? Episode 2
The second instalment of a recent podcast discussion examined industry body reporting efforts, and asked if standardised reporting is still necessary?
21 April 2021
LISTEN: Do we even need standardisation? Episode 1
A recent podcast discussion explored technological advances in data transmission, and asked if standardised reporting is still necessary?
2 March 2021
Comment: Choosing the right auditor
Karen Allan of Haysmacintyre outlines why a move to a mid-tier auditor can reap multiple benefits
24 February 2021
Valuing a business in the Covid world
Owen Trotter, managing partner of Key Capital Partners, outlines his learnings on valuing companies in the current environment
8 February 2021
GAAP in Lux
Avega Capital Management’s Nic Mueller discusses why the Grand Duchy’s new interpretation of accounting standards is important for private equity funds
25 January 2021
The profile: Allan Dowie, CFO of N4 Partners
The Drawdown caught up with partner and CFO of new firm N4 Partners, Allan Dowie, who discusses setting up the firm during lockdown, implementing a new valuation process and information flows
11 January 2021
The ESG tech wave
From static and infrequent DDQs to real-time, performance linked, fully integrated improvements; ESG is fast-becoming a tech play
5 January 2021
Capital call levels greater than distributions
Latest findings from Triago and Cebile highlight the oddities of 2020, including the rapid rise of GP-leds
15 December 2020
IPEV reiterates special guidance ahead of year end
IPEV board reaffirms that fair value is the best measure of valuing private assets
14 December 2020
Class of 2020
A cross-section of industry practitioners share their greatest lessons of this year
7 December 2020
NAVs won’t return to pre-pandemic levels until 2022
80% of Duff & Phelps survey respondents believe up to 30% of private market investments won’t recover their pre-pandemic values until 2022 or beyond
17 November 2020
PE ESG reports “too superficial”
Brackendale’s latest survey found LPs are dissatisfied with PE ESG reports because they lack detail, are too vague and provide superficial statements on intent
3 November 2020
LPs only report half of costs
Only half of total investment management costs are included in LP financial statements, according to analysis by CEM Benchmarking
29 September 2020
5 minutes with…Tuomas Saarinen, Apollonian
We caught up with independent valuation provider Apollonian’s co-founder and chair Tuomas Saarinen to find out how the company came about and the importance of valuing intangible assets.
22 September 2020
Rochford launches in the UK
Treasury management provider Rochford Capital expands from Australian roots to the UK
21 September 2020
KPMG Luxembourg names new sector leads
Chrystelle Veeckmans is head of asset management and Christophe Diricks is head of alternative investments
24 August 2020
UK GPs spend $8.6m on legals annually
A new report has revealed how much private equity firms are spending on external legal counsel
2 July 2020
5 minutes with… Matthew Crisp, Wheelhouse
The CEO of Wheelhouse Advisors discusses the firm’s spinout from ACA Compliance and the key tax, regulatory and compliance developments PE firms need to be aware of
15 June 2020
Comment: Considerations for hiring tax talent
As the importance of having internal tax resources grows, what needs to be considered when hiring this type of talent?
11 June 2020
EQT secures largest ESG-linked sub line
EQT's Therése Lennehag: "With this ESG-linked financing facility, we actively contribute to increasing the availability of high-quality ESG data, critical for the financial markets to be able to build a resilient and regenerative economy"
11 May 2020
Join us: CFOs & FD networks
Part one of our mini series on networks in PE: this instalment considers CFO & FD networks and finds they can be more hindrance than help
15 April 2020
PwC publishes special guidance update on valuations
The accountancy firm considers the guide an additional support to the statement released last month by IPEV on estimating Fair Value during the crisis
27 March 2020
Hazard warning: valuations in the midst of volatility
Key considerations for valuing portfolio companies in current conditions
17 February 2020
Face value
A group of venture capital CFOs sat down with The Drawdown to discuss challenges of valuing pre-revenue companies and implications of the new IPEV guidelines
9 January 2020
Valuations what’s new, what’s not and what matters
A round-up of recent regulatory developments for private equity valuation practices
18 December 2019
Q&A with Raxita Kapashi, CFO at Dawn Capital
Having recently joined Dawn Capital as the company's first official CFO, Kapashi discusses her new role and what led her to join a venture capital firm
25 November 2019
The Profile: Jackson Heddy, Northzone
Jackson Heddy discusses the particular challenges of running a venture back office; including the complexity of data analysis for young companies and troublesome valuation methods
20 November 2019
Luxembourg’s AUM increased 20% year-to-year
Figure comes from ALFI's latest 2018 Luxembourg Private Equity and Venture Capital Investment Funds Survey
6 September 2018
Private equity’s IRR claims slammed as “fake news”
Calls on LPs to “look closely” pile further pressure on already-controversial metric
17 August 2018
Appetite mounts for standardised performance reporting
Compliance with GIPS rules can be factor in GP searches by consultants, survey shows
28 June 2018
5 minutes with… Jyoti Banerjee
Reporting expert discusses why PE needs an information architecture and a CIO to run it