Reporting Standards: Importance of Compliance video
Jerry Silvey, CFO of Starwood Capital Group and NCREIF PREA Reporting Standards Board vice-chair recently sat down with Eric Lang, Senior Managing Director Private Markets for Teacher Retirement System of Texas to discuss the importance of compliance with the Reporting Standards for both investors and investment managers. Seeking compliance within closed-end funds is a top priority for the Reporting Standards initiative. Jerry and Eric support this compliance effort which aims to provide transparency, consistency and comparability within and across real estate investments in order to facilitate informed decision making in an increasingly complex and competitive marketplace.