On September 1, 2023, a group of private fund industry groups filed a petition in the United States Court of Appeals for the Fifth Circuit, challenging the SEC’s recently adopted Private Funds Rule (defined below). Our...more
On August 23, 2023, the SEC voted (3-2) to adopt new rules and amendments under the Investment Advisers Act of 1940 applicable to private fund advisers (available here), which were initially proposed in February 2022.
The...more
8/24/2023
/ Audits ,
Clawbacks ,
Collateralized Loan Obligations ,
Disclosure Requirements ,
Grandfathering Rules ,
Indemnification ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Funds ,
New Amendments ,
Preferential Trade Status ,
Private Funds ,
Quarterly Report ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC)
Recently published guidance by the SEC staff from the Division of Investment Management (the “Staff”) is likely to have a significant impact on marketing materials prepared by investment advisers marketing new private funds....more
We are delighted to bring this edition of Spotlight Magazine to you after the disruption of the past two years and the COVID-19 pandemic. There has been a sea of regulatory change that has evolved during this time, masked by...more
6/13/2022
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Anti-Money Laundering ,
Blacklist ,
Coronavirus/COVID-19 ,
Corporate Governance ,
Credit Funds ,
Debt ,
Depository Institutions ,
ELTIF ,
Environmental Social & Governance (ESG) ,
EU ,
Fee Disclosure ,
Financial Institutions ,
Financial Statements ,
Greenhouse Gas Emissions ,
Investment Funds ,
Lenders ,
Liquidity Management ,
Private Equity ,
Securities and Exchange Commission (SEC)