Mike Rake, the chairman of
KPMG, along with British business heavyweights like Baroness Hogg and
Hollick have joined up with the British
Private Equity & Venture Capital Association’s to help it in its efforts
to improve transparency within the controversial sector.
The organisation’s working group is chaired by Sir David Walker, the former
chairman of the Securities & Investments Board and previously an executive
director of the Bank of England.
Sir David has appointed a 10-member board to consider the adequacy of current
disclosure arrangements across private equity portfolios.
Joining Rake, Hogg and Hollick are executives from the private equity
companies Apax Partners, Blackstone Group, Cinven, Bain Capital, Amadeus Capital
Partners and Bridgepoint.
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.