The SEC has brought its first-ever enforcement action against a private equity adviser and four firm executives for failing to disclose conflicts of interest relating ...
In an unusually quick move, SEC commissioners Oct. 30 issued their opinion in a GIPS advertising case involving an investment advisory firm five days after ...
No regulatory issue blazes hotter for private equity fund advisers than fees and expenses (IA Watch, Oct. 7, 2015). Now a group of institutional investors ...
That recent SEC settlement with Blackstone over uneven legal fees features two parties (IA Watch, Oct. 7, 2015). The other was an unidentified law firm. ...
Addressing a conference in New York Oct. 16, SEC Chair Mary Jo White urged private fund advisers to pay attention to cybersecurity. She also pointed ...
Now that we’ve shared best practices related to the use of coinvestment pools, here are examples of how various private equity fund advisers disclose them ...
A failure to properly disclose accelerated monitoring fees has landed three private equity fund advisers within the $330 billion Blackstone Group a $39 million settlement. ...
It’s common for private equity limited partnership agreements to contain the right for the adviser to set up coinvestment vehicles. The term can mean many ...
The SEC has charged two Citigroup affiliates with defrauding 4,000 investors in two hedge funds that eventually collapsed in 2008 during the financial crisis, resulting ...
Guggenheim Partners Investment Management LLC has agreed to pay $20 million to settle federal charges that it failed to disclose a $50 million loan by ...