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Investment Company Act of 1940 Asset Management Retail Investors

DarrowEverett LLP

SEC Could Broaden Path to Private Equity Fund of Funds Investment

DarrowEverett LLP on

Since the enactment of the Investment Company Act 85 years ago, the asset management industry has grown from $2 billion in assets to more than $39 trillion in assets. Under existing Securities and Exchange Commission (“SEC”)...more

Seward & Kissel LLP

Interval Fund and Tender Offer Fund Opportunities

Seward & Kissel LLP on

Interval funds and tender offer funds – closed-end funds registered under the Investment Company Act of 1940 (1940 Act) – are gaining appeal among alternative and private fund managers seeking to access the retail and...more

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