Better Practices for reporting

This white paper, written by Carol Penhale, President and Founder of Bedford Park Associates, and sponsored by eFront, examines how the industry should:

• Prioritize needs: external reporting versus internal reporting,

• Cultivate a more robust operational environment for reporting,

• Create the next generation reporting & business environments.

Click here to download the white-paper “Creating more effective operational reporting environments for private investments”

About the Author

 Carol Penhale is President and Founder of Bedford Park Associates.  She is adept at building rapport and trust with C-level decision-makers and translating business needs to technology challenges and audiences and vice versa. She has an extensive career history across financial services and other industries for comprehensive general business and technology knowledge, especially surrounding the investment management process.

Carol has a B.A. from the University of Toronto, a Certificate in History from the University of Edinburgh and a Diploma in Programming and Systems Analysis from The Institute for Computer Studies.

The historic performance of Private Equity

This report, written by Professor Oliver Gottschalg, Professor at HEC and Head of Research at Peracs Ltd., assesses the attractiveness of average and top-quartile private equity investments relative to similar, i.e. equally risky public market investments.

Oliver Gottschalg identified and measured the key components of fund-level net returns for a large sample of buyout funds, capturing the effect of the relevant market performance and the effect of additonnal leverage. Most importantly, he quantified the "Alpha" of these funds, i.e. their outperformance relative to equally risky public market investments. 

  Click here to download the report "The historic performance of Private Equity, Taking stock after the crisis"

About the Author

Professor Oliver Gottschalg is part of the Strategy Department at HEC School of Management, Paris. He serves as HEC’s Academic Director for the TRIUM Global Executive MBA Program, Director of the Entrepreneurship Track in the HEC MBA program, directs the HEC Buyout Research Group and teaches courses on strategy, entrepreneurship, business plan design and management buyouts. He holds a Wirtschaftsingenieur Diploma from the University of Karlsruhe, an MBA from Georgia State University and a M.Sc. and PhD degree from INSEAD.

His current research focuses on the strategic logic and the performance determinants of private equity investments. His work has been published in leading academic journals and in various publications for practitioners and was widely featured in the business press. He regularly presents his research at academic conferences and private equity symposia and serves as an advisor to leading investors in the private equity industry. He is Head of Research at Peracs Ltd. a specialized advisory firm providing advanced private equity fund due diligence and benchmarking services.

Most recently, he served as an advisor to the European  Parliament in the context of the current debate about a possible need for regulation of the Private Equity industry.