An Invaluable Guide for Developing and Managing A Private Equity Compliance Program
"The old attitude of doing just enough to not get in trouble with regulators is no longer acceptable when it comes to private equity compliance. Today, regulators and LPs have increasingly demanded that GPs actively embrace the challenge of implementing and maintaining a rigorous compliance infrastructure. GPs are increasingly viewing compliance as not a stumbling block, but an opportunity by which they can improve the oversight, governance and management of their firms and funds. By acknowledging the benefits of thorough compliance management in this way, all constituents in the private equity industry can benefit from continued dialogues in this area and improve the industry as a whole." —From the Preface
From Jason Scharfman, a leading expert in the field of due diligence, comes an essential resource and guide to developing and managing an ethical and effective compliance program. In addition to the basic information, the book also explores compliance challenges and recent trends. Filled with compelling examples, current practices, information on the obligations of general partners and committee members, suggestions for analyzing a program, and much more, Private Equity Compliance is the much-needed guide for understanding compliance in today's private equity industry.
