Thought Leadership

ESG in private equity: The important role responsible investing plays

March 20, 2019

RSM: The institutional investment market is demanding greater transparency into the environmental, social and governance (ESG) impacts of their managers, including private equity managers. Read more…

Does the new AICPA guidance affect your equity?

March 1, 2019

RSM: For years, funds have valued their equity interests in portfolio companies using the following approach: calculate the enterprise value, subtract any debt and allocate the remainder to the equity classes in order of seniority. Read more…

Opportunity Zones: IRAs for Capital Gains

January 3, 2019

RSM: Participants at the 10th Annual RSM New York Investment Industry Summit gained insights on how new opportunity zone tax incentives can make reinvesting capital gains in economically distressed communities very rewarding. Read more…

Investor guide to opportunity zones

December 14, 2018

RSM: The 2017 Tax Cuts and Jobs Act created a new investment vehicle intended to stimulate economic growth in distressed communities. Qualified opportunity zones (QOZs) are pre-selected areas around the United States where investors can hold capital gains for preferential tax treatment while struggling communities can benefit from an influx of development and funding. Listen to Audiocast…

Opportunity Zone Funds present compelling investment case

December 12, 2018

UMB Fund Services Tax Managing Director, Spencer Erickson, spoke to Private Equity Wire about opportunities in Opportunity Zone Funds and how UMB is supporting clients entering the space.

Qualified Opportunity Zone Funds

November 26, 2018

The Opportunity Zones program is a new economic development tool, designed to encourage economic investment and job creation in distressed areas of communities, by allowing an incentive to taxpayers who re-invest capital gains in designated Opportunity Zones.

Cybersecurity focuses on the cloud, insurance, third-party risks

November 26, 2018

RSM: Among the most pressing cybersecurity issues facing financial managers is the decision whether and to what extent to move data to the cloud. Read more…

Investors increase scrutiny of third-party service providers

November 26, 2018

RSM: As the trend toward outsourcing accounting, IT and other back-office functions continues, investors are looking more closely than ever at how asset managers choose and supervise third-party service providers. Read more…

Fund managers survey underscores need for customization

November 6, 2018

Jill Carlton, senior vice president and director of alternative investments at UMB Fund Services, discusses insights from a recent alternative investment survey conducted through a partnership with the Hedge Fund Association.

Alternative managers capitalising on new product development opportunities

October 8, 2018

The days of the generic offshore hedge fund feel like a distant memory. Regulation and other factors, both in the US and Europe, have led to a proliferation of new fund products to cater to the changing needs and desires of institutional investors.