Private Funds

Marshall Sprung, co-chief of the SEC Division of Enforcement’s Asset Management Unit, will be leaving the Commission later this month. He has served as co-head ...

Issues tied to fees and expenses are “dominating” today’s SEC examinations of private fund advisers. That message was delivered by several Kirkland & Ellis partners ...

The outcry in the wake of the Panama Papers release has quickly filtered down to investment advisers. Fewer than 24 hours after the release, a ...

The role of exchange-traded funds, private fund advisers, disclosure and that of boards of directors in fund oversight are current hot button areas for the ...

At IA Watch’s IA Compliance: The Full 360 Degree conference last month, both the advertising and marketing and SEC exams panels heard the same question: ...

Investors in a hedge fund will be reimbursed nearly $3 million in losses suffered when they were misled about the fund’s investment strategy and historical ...

A federal judge Jan. 26 ordered the SEC to return a $21.5 million settlement to the now shuttered hedge fund adviser Level Global Investors after ...

The indictment on which Malik was convicted alleged, among other things, that Malik stole money that investors had entrusted to him to invest. During the ...

Just because a particular issue gets trimmed from the SEC’s exam priorities list one year to the next doesn’t mean that issue has fallen off ...

It could seem that an SEC enforcement action against a business development company is as rare as a winter sun in Alaska. But recently the ...