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ILPA updates private equity principles

New best-practice guidelines from Canada's Institutional Limited Partners Association are useful, but Asian markets may seek their own standards, says law firm Mayer Brown JSM.
ILPA updates private equity principles
As Asian authorities – most notably those in China – seek a solution on how to regulate private equity markets, there is no shortage of guidance from Western countries on the subject. Moreover, private equity firms and investors seem to be taking increasing note of international best practice, although they often customise guidelines and standards for their own purposes. The Institutional Limited Partners Association (ILPA), a Toronto-based organisation serving institutional investors…
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