Regulators Increase Scrutiny on PEGs and Public Companies
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"post_summary": "<p>Regulators from the Public Company Accounting Oversight Board (PCAOB) to the Securities and Exchange Commission (SEC) Enforcement Division are turning up the heat on valuations used for financial reporting of private equity groups (PEGs) and publicly traded companies. This increased focus emphasizes the importance to use qualified independent valuation specialists to ensure compliance with existing and changing requirements, along with peace-of-mind for management and investors.</p> \n",
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}Has Private Equity Returned to Historic Norms?
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"post_summary": "<p>Private Equity (PE) transaction activity in 2013 has experienced a shift back to its historical pattern. Over the past twenty years the PE M&A transactions, both acquisitions and exits, in the U.S. have moved in congruence with PE capital raised except for the period 2010-2012. As the amount of capital raised has increased, so have PE transactions, and as the amount of capital raised has decreased, so have PE transactions. Although there is a correlation between PE transaction activity and PE capital raised throughout the full timeframe of 1995-2013 (R<sup>2</sup>=0.407, p=0.003)<sup>1,2</sup>, there is a significantly stronger correlation when the years 2010-2012 are excluded (R<sup>2</sup>=0.836, p<0.0001) <sup>1,2</sup>.</p> \n",
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"post_summary": "<p>Private Equity (PE) transaction activity in 2013 has experienced a shift back to its historical pattern. Over the past twenty years the PE M&A transactions, both acquisitions and exits, in the U.S. have moved in congruence with PE capital raised except for the period 2010-2012. As the amount of capital raised has increased, so have PE transactions, and as the amount of capital raised has decreased, so have PE transactions. Although there is a correlation between PE transaction activity and PE capital raised throughout the full timeframe of 1995-2013 (R<sup>2</sup>=0.407, p=0.003)<sup>1,2</sup>, there is a significantly stronger correlation when the years 2010-2012 are excluded (R<sup>2</sup>=0.836, p<0.0001) <sup>1,2</sup>.</p> \n",
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