On May 26, 2020, the SEC issued an order fining Ares Management LLC $1 million for failing to implement and enforce compliance policies and procedures to prevent the misuse of material, nonpublic information (“MNPI”). The...more
Competition for investors, deals, and returns has led many private equity firms to modify their fee structures, alter their investment criteria and strategies, and expand their platforms. In some cases, this has led to new...more