Fees and Expenses

The number of state-registered investment advisers and SEC notice-filed IAs have increased in 2017-2018, according to the first-ever annual report snapshot of the state-registered investment ...

A clear message went to private equity fund advisers this week: Keep your organizational docs current and be sure to inform your LPs of your ...

This matter concerns an investment adviser’s disclosure failure regarding conflicts of interest between the adviser and its private equity fund clients and fund investors in ...

Advisers should review their practices, policies, and procedures to ensure compliance with their advisory agreements and representations to clients in light of the fee and ...

The first risk alert from OCIE in 2018 lists fee and expense issues that commonly cause exam deficiencies.   “Advisers should review their practices, policies, ...

The complaint also alleges that a) Hicks and the Southridge Entities defrauded their investors by promising investors that at least 75% of their money would ...

Bassily participated in a fraudulent scheme to conceal from transition management customers of CES the routine practice of routing their orders for the purchase or ...

TPG failed to disclose to its funds, and to the funds’ limited partners prior to their commitment of capital, that it may accelerate future monitoring ...

The SEC moved last week to finalize action against Lawrence Penn in a case of fraud that has stretched four years. The contest goes on ...

Mohammed Ali Rashid routinely delegated to his assistant the filing of his monthly expense reimbursement forms at the private equity fund adviser Apollo Management ($46B ...