The title of this year's symposium is "Globalization of Private Equity: Changes in the International Market and the Impact on Private Equity Investments." As reflected by the title, the goal of this year's symposium is to explore the changes in the private equity industry after the financial crisis. The papers in this issue examine topics such as the future of convergence between hedge funds and private equity, the legal and ethical implications of vulture funds in developing countries, and the legal, ethical, and financial implications surrounding valuation and disclosure. Additionally, this issue will explore the contentious legal and political debate over the proper taxation of the carried interest. Each article in this symposium issue addresses important topics currently being debated in the field of private equity, with the hope that this discourse will enhance the discussions currently occurring throughout the private equity industry.

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