Call for transparency in private equity groups

As private equity groups start to be responsible for well-known high-street names, they will face increasing scrutiny, notably from the media

As the private equity bulldozer thunders on, its business practices are beginning to come under scrutiny. The FSA's response to the explosive growth of private markets has been through consultation with the industry on issues including transparency and regulation. At the beginning of the year, the regulator published a paper entitled Private Equity: a Discussion of Risk and Regulatory Engagement, which examined the wide-ranging impact private equity is having on public markets. Feedback to this document came out this month and the FSA claims the industry response mirrors its own concerns...