Proposals to change the way buyout firms do business in the Netherlands have been dismissed as “populist” and “disappointing” by the industry's trade body in the country, where private equity faces increasing scrutiny from policymakers and investors alike.

The NVP, which represents 90% of private equity firms and venture capital firms in the Netherlands, was responding to a policy paper published on August 24 by Henk Nijboer, a member of parliament for the social democrat party PvdA - one of the country's governing parties.