Sweden’s financial supervisory authority, Finasinspektionen (FI), has reportedly voiced its concern of rising debt levels in among private equity and venture capital companies Tuesday and called for more transparency in their investment activities.
FI officials have said the regulatory agency is especially concerned about pension fund exposure to private equity in Sweden.
The FI has called for greater transparency among private equity funds so their business practices can be more closely monitored because of an increased tendency for pension funds to invest in the industry.
The FI has also warned that it may seek Ministry of Finance approval for broadened powers to require improved transparency.