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According to the latest research by Pivot Partners, the private equity industry continues to have a poor reputation, which in turn continues to impact stakeholder perceptions.

In the last few years, the Financial Accounting Standards Board has ruled that, to be in compliance with GAAP, private equity shops need to use fair value to establish valuations.

Tweny percent remains the standard for carried interest across both North American and international venture capital and buyout funds, although it’s not quite as standard as it once was.

Across fund types, five years is the most common limit imposed by partnership terms on the time in which the general partner can add new portfolio companies to the fund at its own discretion.

In cases where investors make a particularly large commitment or agree to come in to a first closing of a fund that’s been challenging to raise, some funds reward investors with lower fees.

M&A activity by U.S.-based financial sponsors dipped in 2013 following a strong end to 2012 and a subdued fourth quarter of 2013. But the buyout-backed IPO market surged in the last quarter of 2013, while a majority of sponsored companies that went public over the year found their shares trading up from their offering price.

Norway’s Government Pension Fund is the largest sovereign wealth fund in the world with $818 billion in assets under management as of December 2013, according to the Sovereign Wealth Institute.

Over 60 percent of placement agents believe that limited partners have the most power to set limited partnership agreement terms right now, according to a survey of 26 firms.

Cambridge Associates’ U.S. Private Equity Index outperforms equivalent public market indexes in 10-year plus horizons, based on pooled end-to-end returns net of fees, expenses and carried interest.