Thought Leadership

Q&A on the evolution of fund administration from coast to coast

August 14, 2019

UMB Fund Services: Although Silicon Valley and Wall Street may seem very different, asset management and fund administration are evolving from coast to coast. Rich Talley and Ralph Santoro discuss fund administration and the trends they’re seeing across the country. Read more…

UMB Fund Services releases 2019 report on unlisted closed-end funds

July 24, 2019

UMB Fund Services: UMB has again partnered with FUSE Research Network to issue the third edition of this report, which delivers the most comprehensive look at unlisted CEFs in the industry. Read more…

Updates to RSM’s hedging guide for ASU 2019-04

July 18, 2019

RSM: In August 2017, the FASB issued Accounting Standards Update (ASU) 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities, which brought forth some long-awaited improvements to hedge accounting. Read more…

Asset TV’s Liquid Alternatives Masterclass

July 15, 2019

UMB Fund Services: Watch Asset TV’s Liquid Alternatives Masterclass where UMB’s Richard Talley shares perspective on interval and tender-offer funds. Watch video…

Unlisted Closed-End Funds White Paper

June 15, 2019

UMB Fund Services: Based on a Q3 2018 FUSE Research Network survey of senior product leaders at 37 asset management firms, product developers are increasingly looking at structures for less liquid and uncorrelated alternative investments. Read more…

Permanent Capital Summit: RSM Key takeaways

June 5, 2019

RSM: The Permanent Capital Summit, sponsored by Dechert, ING, RSM and KBW/Stifel, brought fund sponsors and asset managers together in New York to consider the impact of a shifting financial and regulatory environment on the formation and investment of permanent capital. Read more…

How data became an ESG issue

May 23, 2019

RSM: In Europe, the ability of a private equity firm to demonstrate its commitment to environmental, social and governance issues has evolved from a nice-to-have into a necessity. Read more…

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…