Jack Bowling, Jonathan Vessey Quoted in Wall Street Journal Story on Private-Equity Firms
Stinson Leonard Street private equity attorneys Jonathan Vessey and Jack Bowling are quoted in a recent Wall Street Journal story on the latest Securities and Exchange Commission actions against a group of private-equity firms.
Three firms settled with the SEC over alleged transgressions involving the disclosure of fee arrangements and other practices. Interestingly, in at least one case, the private-equity firm self-reported the violations. Pressure from the SEC is changing the way some firms treat the disclosure of some fee practices. Jonathan and Jack offer their perspective on what is changing in the industry.
Jonathan is co-chair of the firm's Private Equity Practice Group. He focuses his practice on private equity investments, acquisitions (including LBOs and MBOs), divestitures and fund formation matters..
Jack is deputy chair of the firm's Corporate Finance Division. He represents companies, private equity and venture capital funds with M&A transactions, investment and joint venture transactions.
The story, "Private Equity Self-Polices in Face of SEC Scrutiny, But Is It Enough?", was published in the Sept. 29, 2016 the Wall Street Journal's Private Equity Analyst magazine.