Private Funds

California Gov. Gavin Newsom is weighing whether to sign a bill that would require private fund managers to clear healthcare acquisitions with the attorney general’s ...

The SEC asserts Randolph Abrahams made numerous misstatements in newsletters shared with investors

In total, since 2018, Hi2 Manager violated the custody rule on 17 occasions

'The battle’s not over,' Major, Lindsey & Africa's Allison Rosner warns, urging firms to START at the beginning

Colony Capital didn't properly disclose affiliate expenses, regulators claim

'The private equity industry has been subject to a public discourse that makes the industry a convenient target, but not a valid one,' Simpson Thacher ...

The adviser purported to rely on the audited financials alternative to comply with the custody rule but failed to timely deliver the audited financial statements ...

If you hire an auditor to examine your private funds, make sure the person does the job. If not, the SEC likely won’t come down ...

From at least 2019, ClearPath used improper hedge clauses in advisory agreements. These agreements were still active as of mid-2024 and controlled ClearPath’s relationships with ...

Galois allowed certain fund investors to redeem with less than five business days’ notice. The practice of permitting certain investors, including affiliated investors, to redeem ...