Fees and Expenses

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 ...

The attorney for a former compliance officer at an upstate New York broker-dealer is claiming vindication for his client after state regulators in Massachusetts filed ...

Defendants also violated their fiduciary duty by failing adequately to disclose to their clients the conflict of interest inherent in these transactions

Client services staff should “do a random sampling” each month, pulling 10 invoices and double-checking the math