Jon Moulton, the head of Alchemy partners, has been
summoned to appear before the the Treasury select committee as MPs once again
throw the private equity industry into the spotlight.
Last week the committee grilled the bosses of Permira, 3i, Carlyle and KKR on
tax and job lossess. Now Moulton, an accountant who has been an outspoken
supporter of the industry, is to appear before the committee along with
Blackstone’s David Blitzer, Peter Taylor of Duke Street Capital and a senior
representative from CVC.
The session, which will be held next Tuesday, is expected to be an explosive
one. Moulton is known for his tough and uncompromising business manner and is
unlikely to put up with the sarcastic and aggressive line of questioning from
MPs that characterised the last hearing involving buyout bosses.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.