They’re the Biggest Investors in Private Equity. Now They’re Asking the SEC to Step In. | Institutional Investor

Sure, they have billions of dollars invested and spend millions in consulting and advisory fees. But now, some of the world’s largest private equity investors, along with an industry group, are demanding oversight over the industry they’re largely funding.

On Tuesday, the Institutional Limited Partners Association and 35 of its member institutions sent a letter to the Securities and Exchange Commission pushing for stronger regulations on private equity advisory firms.

via They’re the Biggest Investors in Private Equity. Now They’re Asking the SEC to Step In. | Institutional Investor.