In our recent research study 'Private Equity: Where
Challenges Meet Opportunities', regulation and transparency
were singled out by a large number of respondents as key factors
having an impact on the private equity industry.
Here Gulsey Torenli, Director at Vistra in New York responds to
some key questions around the challenges posed by regulation and
transparency, and how matters may play out in the near future.
Looking at the trends in private equity which are changing
and influencing investor behaviour, 63% of respondents to the
survey cited increasing regulation and 59% increasing transparency
as key factors. What was your reaction to these figures?
It didn't come as a surprise to be honest. As far as
regulation is concerned, you only have to look at everything that
has been introduced in the last decade to see how the industry has
been affected. From global and regional rules, such as GDPR and
AIFMD, to tax regulations on a domestic level, GPs are
