Fees and Expenses

Investment advisers and broker-dealers should take extra steps to make sure they’re validating investors’ identities and the authenticity of disbursement instructions, have “a trusted contact ...

A Miami private fund adviser has been censured and will pay $350,000 in fines to settle SEC claims that it overcharged the real estate funds ...

The cost allocation methodology Rialto used to calculate Third Party Tasks increased general overhead expenses. Rialto did not fully disclose this increase to the Advisory ...

The Institutional Limited Partners Association has released a new model limited partnership agreement using a deal-by-deal waterfall structure, in hopes of sparking further discussions about ...

Applicants request an exemption from Section 205 and Rule 205-1 under the Advisers Act to the extent necessary to permit the Proposed Fulcrum Fee to ...

The COVID-19 crisis has turned the world upside down, but private fund advisers still must be extra vigilant about how new and different situations effect ...

A Silicon Valley wunderkind who marketed his venture capital advisory firm as the way to harness the power of young tech innovators is facing up ...

The SEC’s recent private funds risk alert points to structural problems in the industry—problems that the Commission itself is in a unique position to help ...

Private fund advisers struggle with conflicts of interest, fees and expenses and putting together the right P&Ps to mitigate the risk of material, non-public information ...

Many of the deficiencies discussed below may have caused investors in private funds to pay more in fees and expenses than they should have or ...