The Private Equity Reporting Group (PERG) has published the 2018 version of its guidance on good practice reporting by private equity portfolio companies (also known as the “Walker Guidelines”). The purpose of the guidance is to assist private equity-owned portfolio companies with improving transparency and disclosure in their financial and narrative reporting.

The 2018 version is substantially the same as the previous guidance from 2017, although some of the practical examples in the guidance have been updated.