WSJ: Bribery Is Top Risk For PE Firms, Says Corporate Investigator

The Wall Street Journal’s Corruption Currents blog ran an interesting interview with a veteran due diligence investigator who argues that:

“Private equity firms are 10 years ahead of hedge funds in understanding the importance of vetting management teams in onsite due diligence”…But, unlike hedge funds, when it comes to compliance, “most firms are winging it.”

You can access the full interview here.