Taxonomy Consultation Extended to Focus on 70% Threshold

In June, Burgiss began conducting a taxonomy consultation to gather feedback on enhancements being proposed as part of our annual Private Capital Classification System review. Currently, the classification of the Geography, Industry, Development, and Market taxonomies for funds is determined by the category with the most invested capital (no minimum threshold). We proposed changing this by introducing a 70% threshold requirement. Funds not meeting this threshold requirement would be classified as Generalist for that fund attribute. In response to the feedback we received which focused on whether 70% was the appropriate threshold requirement, we’ve extended our annual review. To weigh in on the threshold requirement,  please review the proposed changes at Taxonomy Consultation 2017 and complete a two-question survey. The survey will close on September 1st and the finalized taxonomies are expected to be announced in September 2017.