Reports & Research

August 4, 2017

Survey Finds Advisers Continue to Take Cybersecurity Seriously; Custody Concerns Loom Larger

The Investment Adviser Association, ACA Compliance Group and OMAM recently released the results of their 12th annual survey of the top concerns of compliance officers working at registered investment advisers. While cybersecurity continued to dominate mindshare as the “hottest” compliance topic, custody—a common compliance deficiency among registered investment advisers, according to a memo released earlier this year by the Securities and Exchange Commission’s Office of Compliance Inspec Read More »

May 12, 2017

Bain & Company Report Analyzes The Current Environment Around Deals, Exits, Fundraising and Returns; Identifies What Challenges Lie Ahead

While other alternatives, notably hedge funds, of late have had performance struggles impacting their ability to raise assets, private equity funds have not suffered the same fate. In fact, by nearly any metric, 2016 was a solid year for the asset class. Fundraising remains robust, with investors clamoring to increase their allocations, and exits are normalizing after the wild swings of the post-financial crisis years. Returns continue to meet, or even exceed, investor expectations. Interestingl Read More »

April 27, 2017

EY Survey Highlights Business, Regulatory and Compliance Issues Facing Private Equity CFOs

The business of private equity has been evolving over the last few years. As well as the industry as a whole has done, time has shown that business resources are not unlimited. Resources that traditionally had been allocated to investment research and opportunities have been reallocated to addressing regulatory and compliance concerns and investor relations. For smaller registered private equity firms that can’t afford to add a dedicated chief compliance officer to their teams, the reallocatio Read More »

April 13, 2017

Industry Association Releases Best Practice Guidance on PE Regulatory Hot Topics

With the continued growth in regulatory and compliance demands—from both regulators and investors—navigating best practices can be daunting. For middle-market private equity firms in particular, the disconnect between the growth in those regulatory and compliance demands has not been matched by a corresponding increase in resources dedicated to the compliance function. In order to address this dilemma, the Association for Corporate Growth, a private equity trade group, recently released the Read More »

March 30, 2017

ACA Compliance Survey Highlights Trends in Alternative Fund Manager Compliance Programs

ACA Compliance Group recently conducted its seventh Alternative Fund Manager Survey exploring hedge fund and illiquid fund managers’ compliance practices, policies and procedures. The survey provides private fund compliance professionals with up-to-date benchmarks for best practices, controls and testing, and regulatory impacts, among other issues specific to the alternative fund management industry. ACA compliance experts Danielle Joseph, senior principal consultant, and Brian Lattanzio, seni Read More »