Is Regulation On The Way For Private Equity Groups?
By Marius Meland
Law360, New York (April 12, 2006, 12:00 AM EDT) -- Earlier this week, four of the country’s largest buyout firms made public their plan to form a “trade body” to represent the interests of private equity groups worldwide. The move, regarded by many as a response to a recent outcry for increased regulation of private equity groups, highlights the debate over whether or not increased scrutiny of the industry is necessary.
The effort, spearheaded by Blackstone, Carlyle, KKR, and Texas Pacific Group, would create an association to represent private equity groups, as many in the industry...