PEIGG releases US performance guidelines

PEIGG, the Private Equity Industry Guidelines Group, has released reporting and performance measurement guidelines, available at www.peigg.org. The guidelines, while predominantly produced with the US private equity market in mind, have drawn on opinions of the European Venture Capital Association (EVCA), among others, and used the existing EVCA and British Venture Capital Association reporting guidelines as a basis to work from.

The guidelines focus on reporting fund level information, but do include a framework for disclosing portfolio company information. This is an optional part for anyone producing figures along PEIGG guidelines, given the disclosure debate that has been raging in the US for the last couple of years.