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What a Relief! Co-Investments Get Easier for Interval Funds, Tender Offer Funds, and Business Development Companies

The US Securities and Exchange Commission (SEC) has approved a streamlined framework for co-investments involving certain closed-end funds and business development companies (together, Regulated Funds)....more

Rule 506(c) Unchained? The SEC Loosens Requirements for Advertising in Private Capital Raises

On 12 March 2025, the US Securities and Exchange Commission (SEC) staff issued a no-action letter that provides private fund sponsors with a concrete, streamlined approach to relying on Rule 506(c), based on minimum...more

Asset Management Regulatory Year in Review 2024

2024 was a year of meaningful regulatory change for asset managers globally. The regulatory activity was wide ranging and without a particular unifying theme. In fact, the wide, and in cases diverging focuses of key global...more

SEC Finalizes Amendments to Regulation S-P

On 16 May 2024, the Securities and Exchange Commission (SEC) adopted amendments (amendments) to Regulation S-P representing the first major changes to Regulation S-P since its initial adoption in 2000....more

Socially Responsible, ESG, and Impact Investing: 2019 San Francisco Investment Management Conference

TRENDS IN ESG, SRI AND IMPACT INVESTING - - Investors are increasingly focused on Environmental, Social and Governance Issues (ESG), Socially Responsible Investing (SRI) and Impact Investing - Global Sustainable Investing...more

Financial Professional Standards of Conduct: 2019 San Francisco Investment Management Conference

AGENDA - - Background - Regulation Best Interest - Judicial Challenges to Regulation Best Interest - Form CRS - Interpretation of Investment Adviser’s Fiduciary Duty - Interpretation of the “Solely Incidental” Prong...more

SEC Issues Risk Alert on Cash Solicitation Rule

The Securities and Exchange Commission’s (“SEC”) Office of Compliance Inspections and Examinations (“OCIE”) released a Risk Alert on October 31, 2018 identifying the most frequent deficiencies that OCIE staff (the “Staff”)...more

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