New York Times Series on Private Equity Misses the Mark
A New York Times series lets private equity investors off the hook.
Read more...Category Archives: Private equity
New York Times’ Gretchen Morgenson: Private Equity Transparency Bills, Including California Treasurer Chiang’s AB 2833 “Hit a Wall”
Why California Treasurer John Chiang’s private equity transparency bill, AB 2833, would actually set back the cause of private equity reform.
Read more...Why Private Equity Does Not Outperform
A new article gives a concise and readable debunking of the myth of private equity outperformance.
Read more...Private Equity Expert/Reformer Opposes California Treasurer Chiang’s Now-Phony “Fee Transparency” Bill
A key private equity reformer weighs in against the current version of California Treasurer Chiang’s fatally weakened transparency bill.
Read more...California Treasurer Chiang’s Private Equity Transparency Three Card Monte
California Treasurer John Chiang promised landmark private equity transparency but instead acted as a stooge of the private equity industry and failed to stand up to captured public pension funds.
Read more...Do You Vote Democrat As A Default Position? BIG Mistake!
A list of Congressional Democrats on the Wall Street meal ticket.
Read more...Kentucky Pension Fund: “Like a 3rd World Country with 2 Different Governments Claiming Power”
Kentucky is now practicing pension fund governance at the barrel of a gun.
Read more...North Carolina Threatens to Cancel Toll Road Project, Showing Political Risk of Infrastructure Deals
North Carolina’s House has voted to exit a toll road deal despite high expected cancellation costs.
Read more...HR 5424, “Investment Advisers Modernization Act,” a “Get Out of Madoff and Other Frauds for Free” Bill, Passes Financial Services Committee
HR 5424, intended to make life even easier for potential securities law abusers, got considerable support from Democrats on the Financial Services Committee.
Read more...CalPERS-TH Lee Row Over Private Equity Fee Abuses Demonstrates Failure of SEC Oversight
CalPERS’ inability to get TH Lee to disgorge ill-gotten fees shows how hopelessly one-sided private equity investing really is.
Read more...Financial Times Exposes McKinsey’s Secret, Conflict-Ridden In-House Hedge Fund
McKinsey’s heretofore secret in-house investment unit has troubling conflicts of interest.
Read more...Investment Case Study: Some Oxford Dons Take Skeptical Look at Yale and Canadian Investment Fads, Um, Models
Believe it or not, a case study on major approaches to investing that is both informative and fun to read.
Read more...The SEC Fines a Private Equity Firm for Broker-Dealer Fee Violations. Are KKR, Apollo, Blackstone, TPG, Carlyle and Lots of Others on Its Hit List?
The SEC finally fined a private equity firm for broker-dealer abuses. Is this just a shot across the bow or will bigger firms pony up too?
Read more...SEC Official Defends Weak, Selective Enforcement When Agency Records Show Private Equity Firms Thumb Nose at Agency
Yesterday, we looked at a section of a Stanford Law School conference at the end of March. The panel on pre-IPO funding included the SEC/s head of enforcement, Andrew Ceresney. In the question and answer section, Ceresney and a member of the audience, Marc Fagel, the former regional director of the SEC’s San Francisco office, […]
Read more...SEC Conference Features Former Official Calling for Fraudsters to be Protected from Career Harm
No matter how bad you think things are at the SEC, you routinely find out that they are worse, as a recent conference revealed.
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