The commission reportedly formed a unit to examine private equity and hedge funds around the same time it said half of registered GPs are not sufficiently disclosing fund expenses to LPs.
There are no hard and fast rules on leveraged lending, but US regulators are keeping close watch of debt levels in the buyout markets and issuing new guidance.
Regulators gave the private equity and real estate fund industry something to worry about in 2012. More of the same is expected in 2013 and beyond. PERE Magazine, February 2013 issue.
Recent examinations of private equity firms are helping regulators understand the complex world of private equity, according to speakers at PEI’s CFOs and COOs Forum 2013 in New York.