Private Equity

A Maryland-based private equity adviser and its principal owner will pay more than $3.1 million to settle SEC charges they performed brokerage services and charged ...

These proceedings arise from violations by registered private equity fund adviser BCM and its principal, Gunty, relating to: (i) the receipt of transaction-based compensation for ...

The Securities and Exchange Commission's focus on private equity has centered on disclosure — whether GPs are telling their investors in limited-partner agreements that they will ...

Los Angeles County Employees Association has “no process for validating private equity fees,” according to an April audit the pension system released. Lacera, which valued ...

It never hurts to hear from your regulator where your peers have fallen short.   SEC Enforcement Director Andrew Ceresney pointed to “certain problematic conduct ...

It is thus critically important that advisers disclose all material information, including conflicts of interest, to investors at the time their capital is committed. While ...

First Reserve agreed to reimburse its investors $12.7 million and pay a $5 million fine to settle a SEC investigation  into various fee and expense ...

The U.S. Securities and Exchange Commission has reached at least $90 million in settlements with GPs since it started scrutinizing the industry in 2012. That amount is ...

The number of SEC examinations resulting in a referral to the Division of Enforcement has remained fairly constant over the past five years—falling in the ...

Igor Rozenblit, co-head of the SEC's private funds unit in the Office of Compliance Inspections and Examinations, said in a recent speech that the opacity and ...