Treasury Committee to unveil private equity report

Following its high-profile evidence sessions on private equity, the Treasury select committee will release its first report on the topic on Monday.

The report will only be an interim document and is unlikely to make far-reaching recommendations, as the committee is planning to research private equity further before making suggestions to the Treasury and HM Revenue & Customs.

The evidence sessions received massive press coverage and public scrutiny as the committee grilled senior private equity bosses from Permira, KKR, 3i, Carlyle and Alchemy, among others, on the tax and transparency.

The report follows the release of an industry-sponsored study led by Sir David Walker. Walker's report said the industry needed to be more transparent and tighten its reporting and governance systems.

Further reading:

Critics slam private equity regulation plans

Read the Walker Report