Accountancy Age

Republican US presidential candidate Mitt Romney

AROUND 13% of private equity groups reviewed by the British Venture Capital Association monitoring group failed to comply with reporting standards. The group, which was established in 2007 in order to increase the transparency of the private equity industry, found that of the 31 portfolio companies reviewed, 27 met its standards, with the remaining four falling short. Findings from this year’s report show that there is a lower level of overall…