31.08.2016 - Private Equity Firms Struck Hushed Deals With Foreign Funds
Singapore’s sovereign wealth fund and Canada pension plan were main beneficiaries. Some U.S. private equity firms are courting their biggest and savviest investors with privileged access to special fee-saving deals without telling other investors, according to people involved in buyout firms’ fundraising. The U.S. Securities and Exchange Commission (SEC) has signaled its interest in overseeing such deals after fining several private equity firms in recent months for improper disclosure of fees.............................................Full Article: Source
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