Aug. 17, 2022
Please require Transparency at Private Equity firms. Investors have a right to know fees associated with their investments. Please support Gensler proposal to revive the market for capital, in which those who would use the money actually compete for it. Under the plan, which is now the subject of public comment, private funds (private equity, hedge, and others) would be required to provided information to potential investors (like pension funds) about their fees and expenses, and their track records, in a standardized format. And it would prevent private funds from using their existing market power to force investors to surrender their rights to clear information, or to force them into sweetheart deals for the private equity firm.