'Egregious, long-running, and extensive fraud that went undetected for years' was 'very profitable component,' made up 25% of firm's revenues, feds claim.
[W]e are of the view that greater transparency and more robust investor protections could assist investors in evaluating and making investment, voting, and redemption decisions ...
Sample your LPs’ interest and appetite for coinvestment opportunities. Document this. Your PPMs should lay out the 'array of opportunities that we may come across' ...