Private Funds

Three trade associations, concerned about the impact on private fund managers, argue the the dealer rule is so overbroad that it should be vacated

'Now we need to train our people to be think more broadly about' about insider trading, Seward & Kissel's Moustakis says

The rule prohibits omitting material facts necessary to make the ‘statements made . . . not misleading,' Sotomayor writes for majority

Private fund advocates say rules go too far, threatens trade secrets

“The central question is, ‘Are you breaching your fiduciary by focusing on these ‘political’ questions or are you actually upholding your fiduciary by upholding value ...

The Biden administration wants to rework American society, and sees fund managers as a problem to be solved.

Private funds' thinking has evolved from "risk management" to "value creation," PwC's Eric Janson says on RCW webinar

Proposed anti-money laundering rules will land hardest on private fund managers but the industry may only be able to blunt the impact, not avoid it

Rules on hold after Fifth Circuit pause, but managers may need to prepare

In the last five years, 'the population of advisers has grown by over 2,300 and the assets managed by these entities has increased by approximately ...