PERG | About the Guidelines
At the beginning of 2007, Sir David Walker was asked by the BVCA and a group of major private equity firms to undertake an independent review of the adequacy of disclosure and transparency in private equity. Sir David completed this with a view to recommending a set of guidelines by the industry on a voluntary basis.

On 17 July 2007, Sir David issued a consultation document which sought views from the industry and related bodies.

On 20th November 2007, Sir David's team issued their final guidance.

Part V of the Guidelines was amended in July 2014 following a consultation.
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Each year the Private Equity Reporting Group shares highlights and features from the year's reports. Read the findings here.

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Scope of Operations

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The Private Equity Reporting Group’s scope of operations was produced to articulate the mandate, composition, appointment and conduct of PERG. The appointment of an advisory firm to assist in the Group was made in May 2008. The appointed firm is PwC, and this is reviewed on a yearly basis.

Details of the scope of operations are outlined in this section.