International Private Equity and Venture Capital Valuation Guidelines The International Private Equity and Venture Capital Valuation Guidelines were developed by the Association Française des Investisseurs en Capital (AFIC), the British Venture Capital Association (BVCA) and the European Private Equity and Venture Capital Association (EVCA) and were launched in March 2005 to reflect the need for [...]

The ILPA is pleased to respond to the International Accounting Standards Board (IASB) Exposure Draft (ED 10), “Consolidated Financial Statements.” Specifically, ED 10 asks “whether the enhanced disclosure requirements for consolidated and unconsolidated entities will give capital providers and other users of financial statements information that is useful for their decision-making.”

by Dan Primack, PEHub
To view the full story, please click here
The Watson Wyatt document can be downloaded here

Attorneys for Biogen Idec Inc. and Elan Corporation finally faced off in a Manhattan federal court earlier this month. The two companies had adopted increasingly antagonistic postures towards one another as elements of Elan’s cooperation and financing agreements with a Johnson & Johnson subsidiary became public. Shane Cooke, Elan’s CFO, told the Wall Street [...]

CalPERS Backs New Principles for Private Equity Relationships – Would Improve GP-LP alignment, governance, transparency
SACRAMENTO, CA – The California Public Employees’ Retirement System (CalPERS) has strongly endorsed new principles proposed by the Institutional Limited Partners Association (ILPA) to promote stronger alignment of interests between limited and general partners in private equity partnerships, improve investment reporting [...]

The California Public Employees’ Retirement System has endorsed principles aimed at improving fairness and transparency in the private-equity industry.
The principles, proposed by the Institutional Limited Partners Association, call for a closer alignment of interests between limited and general partners in private-equity deals, improved investment reporting and transparency, and better partnership governance.
Joseph Dear, chief investment officer [...]

‘You’re the only one asking for this’

PEO explores why this line from reticent GPs may no longer deter an LP from pressing hard on fund terms.
A funny thing happens when people within the same profession communicate with each other: they begin to share ideas on how to improve their performances and make their lives [...]

Please join your venture capital and private equity colleagues at CVCA’s popular AGM Reception & Awards Dinner. You will network with Canada’s top investors, meet CVCA’s Board of Directors and celebrate with the companies that win the ‘Deal of the Year’ awards.
When: Tuesday, September 22, 2009
Where: At the MaRS Discovery District, 101 College Street, Toronto
Agenda: [...]

Join us for the 6th annual Buyouts West, the leading private equity event on the West Coast. Hundreds of institutional investors and PE professionals will attend this year, to network with and hear from the best and most diverse speaker list in this event’s history. The event is hosted by Buyouts Magazine.
Speakers include:
Jim Davidson, Co-Founder, [...]

Join scores of limited partners and general partners at the 2nd annual Buyouts Texas, hosted by Buyouts Magazine, the leading private equity event in the state.
Speakers at this event include:
Donald Evans, 34th Secretary, U.S. Dept. Of Commerce
Kenneth Hersh, Managing Partner, Natural Gas Partners
Bill Quinn, Chairman, American Beacon Advisors
Bob Boldt, Partner, Perella Weinberg Partners
Dory Wiley, Chairman, [...]