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Private Equity Financial Managers

History

Financial managers have been part of private equity teams ever since the first PE fund was formed more than 100 years ago.

In recent years, PE funds have grown in popularity, but financial scandals in the alternative investment industry have prompted investors to seek to mitigate their risks by requesting more financial transparency and the U.S. government to increase its regulation of the PE industry. “The growing demand for information has naturally led to an expansion of the chief financial officer’s role,” according to Positioning to Win: 2015 Global Private Equity Survey, a joint publication of professional services firm EY and Private Equity International. “In recent years, the chief financial officer and the finance team have moved beyond their traditional areas of expertise. They have expanded their responsibilities and taken on a more strategic role, increasing their value to both investment professionals and investors.”