Private Funds CFO

⚠️ LPs are starting to push for more control in continuation vehicle processes As Chris Witkowsky reports, some large institutional investors are now seeking explicit language in LPAs around what happens to co-investments when assets move into continuation funds. The goal: 💡More predictability 💡More transparency 💡Fewer surprises around liquidity outcomes The issue is quickly moving from a niche structuring discussion to a broader governance conversation across private equity. Read the full story: https://okt.to/ieyfWX #PrivateFundsCFO #Secondaries #PrivateEquity #LPs

Investor relations staffers at private market firms play key roles in building and maintaining ties with LPs. And they rely significantly on their colleagues across departments, whether it's compliance, deal teams, legal and CFOs/finance. I spoke with several IR and communications professionals to learn best practices from them about collaborating with their coworkers, which is for my latest in Private Funds CFO. My sources include Kathryn Pothier at Epiris; Harmony Marques at TZP Group; Jake Siewert at Warburg Pincus LLC; Andrea Wenner at MSquared; Kyle McGarvey at ITE Management; Sean Cumiskey at Omega Funds; Miriam Sanders at Sands Capital; and Lindsey Press at HGGC. https://lnkd.in/eE2P-vBy

📩 In case you missed it, the May edition of the Private Funds CFO Network newsletter is live. Inside: • AI and automation strategies finance teams are implementing now • How firms are preparing for rising SEC scrutiny • Upcoming Network discussions in Boston, Chicago and online Plus insights from John Stecher, CTO at Blackstone, on scaling AI across the organization: https://okt.to/dGNiJ1 #PrivateFundsCFO #AI #Compliance #PrivateMarkets

⚖️ Paul Atkins says private credit is not a systemic risk, but he’s still watching closely As Bill Myers writes in In the Loop, the SEC chairman continues to raise concerns around liquidity, valuations and retailization as scrutiny of private markets intensifies. 1️⃣Regulators are monitoring private credit firms closely 2️⃣ The SEC is probing fraud allegations tied to the sector 3️⃣ Concerns around liquidity and valuations remain front of mind 4️⃣ Retirement market access may expand, but with safeguards The message from Washington is becoming clearer; private credit may still have regulatory support, but expectations around governance and investor protections are rising. Read more: https://okt.to/I8nH7B #PrivateFundsCFO #PrivateCredit #PrivateMarkets #Regulation

🔐 “Digital trust is a component part of your business.” That point from Amy Reeder Worley, JD, CIPP, CIPM, CISSP, AIGP of BRG reframes cybersecurity as something much broader than compliance. As Bill Myers reports, the argument is that every company handling sensitive information is already in the trust business, whether they recognize it or not. And in private markets, where reputation and investor confidence matter deeply, that trust can directly influence growth, retention and enterprise value. The firms thinking about cybersecurity strategically may have a very different advantage over the next decade: https://okt.to/bJTZwe #PrivateFundsCFO #Cybersecurity #DigitalTrust #PrivateMarkets

🚨 Healthcare fraud enforcement is raising the pressure on private equity compliance infrastructure Federal agencies are expanding the use of AI and advanced analytics to flag suspicious billing patterns, while regulators increasingly look beyond portfolio companies to ownership, oversight and governance structures. For private funds operating in healthcare, compliance is becoming a core investment issue, not just a legal function. Read the article: https://okt.to/yW4Ekt #PrivateFundsCFO #Healthcare #Compliance #PrivateEquity

📈 Timber Bay Partners is strengthening its finance leadership as deal activity expands. The firm has hired Jason Wehby as CFO, bringing experience across private equity, fund operations and financial infrastructure. As Jennifer Banzaca reports, Wehby previously led reporting, forecasting, risk management and technology strategy at Hauser and Hauser Private Equity. The hire reflects a broader trend across private markets: As firms scale investment activity, CFO roles are becoming increasingly operational and strategic. Read more: https://okt.to/4WwU8y #PrivateFundsCFO #PrivateEquity #CFO #FinanceLeadership

⚠️ Redemption pressure is exposing operational weak spots As Jennifer Banzaca reports, firms are dealing with rising withdrawal requests just as evergreen and semi-liquid structures face greater scrutiny. David Goldstein of STP Investment Services notes that gates are designed to protect investors from forced asset sales in stressed markets. But operationally, the pressure is real. Higher redemption volumes and investor communication place proportionate strain on systems built for steadier flows. Read more: https://okt.to/0h6mu4 #PrivateFundsCFO #PrivateCredit #FundOperations #Liquidity

🤖 What’s your AI war story? At the Private Fund Compliance Regulatory Forum on June 9-10, join Dave Feldman of Greenboard for a session focused on where AI deployments created unexpected compliance and operational risk and what firms changed as a result. The session will feature a candid look at: 💡AI tools that failed under scrutiny 💡Operational gaps exposed after implementation 💡What firms are doing to make AI audit-ready and defensible Bring your team, cover more sessions and leave aligned: https://okt.to/1egVU3 #PrivateFundsCFO #AI #Compliance #PrivateMarkets

🔐 “Digital trust is a component part of your business.” That point from Amy Reeder Worley, JD, CIPP, CIPM, CISSP, AIGP of BRG reframes cybersecurity as something much broader than compliance. As Bill Myers reports, the argument is that every company handling sensitive information is already in the trust business, whether they recognize it or not. And in private markets, where reputation and investor confidence matter deeply, that trust can directly influence growth, retention and enterprise value. The firms thinking about cybersecurity strategically may have a very different advantage over the next decade: https://okt.to/bJTZwe #PrivateFundsCFO #Cybersecurity #DigitalTrust #PrivateMarkets