Investors in the dark over impacts of private equity

A progress report on transparency in the private equity industry reveals little about the adequacy of firms’ environmental disclosures.

The private equity industry has shed little light on its progress on complying with the voluntary Walker guidelines on company reporting, including information on environmental impacts.

In 2007, the British Private Equity and Venture Capital Association (BVCA) asked banker and regulator Sir David Walker to review the adequacy of disclosure and transparency by private equity firms and the companies they own, so-called portfolio companies.

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