Doug Cornelius on compliance for private equity real estate
Years ago we had heard that the Securities and Exchange Commission was looking at issues related to group purchasing agreements with private equity portfolio companies. A case has been announced. The SEC brought action against WCAS Management which runs the Welsh, Carson, Anderson & Stowe private equity funds. According to the order, WCAS entered into an … Read more »
Can a fund manager save the investors money, but still be doing the wrong thing? That’s the issue presented by the Securities and Exchange Commission’s look at group purchasing programs for private equity firms. Buying in bulk usually results in cost savings. A private equity firm, with a collection of companies in its portfolios, should … Read more »