The notorious GameStop raid that knocked world markets on their haunches was just what it appeared to have been: a bunch of self-described “degenerates” having ...
'Private funds are under the microscope'
Nearly half of private fund advisers are trying to sub-contract their way out of their fiduciary duties, a trade association for pension and foundation managers ...
SEC Commissioner Allison Herren Lee has endorsed calls for the Commission to change the definition of “shareholder of record” for exempt private funds. “Time and ...
When a "control agreement" doesn't make a control group
The founder of an Orange County private fund adviser bungled his firm’s entry into the industry, its custody of client funds, its compliance program, its ...
State securities regulators opened 196 investigations of exempt private fund advisers last year, bringing 67 new enforcement cases, NASAA says in its latest annual report. ...
Sister title PERE’s October issue is out. It’s all about diversity, equity and inclusion. It offers 11 crucial questions that every private equity real estate ...
'We are concerned about misaligned incentives,' group says
Advisers see disturbing signs of regulatory innovation