Private Funds

A Park Avenue private equity real estate adviser promised his clients lavish returns at low risk—and built an empire made of sand and fog, federal ...

The fine folks at ILPA have published a new model for private fund non-disclosure agreements. ILPA’s Chris Hayes says he and his colleagues are “hopeful” ...

Private fund adviser compliance officers are still digesting the SEC’s new advertising rules but for now they can give thanks for what’s not in the ...

“There is only one thing worse than being talked about,” said Oscar Wilde, “and that is not being talked about.” Private fund CCOs might beg ...

Pension plan fiduciaries don’t have to cast every one of their clients’ proxy votes but whatever decision they make must be made “prudently and solely ...

Eagle-eyed reader Rob van Grover says he’s found a “foot fault” in the SEC’s new definition of accredited investors and suggests that private fund advisers ...

Enforcement action tied to BlueCrest's transfer of top traders from its flagship hedge fund to a proprietary hedge fund

Consultant saw a reference to BSMA for the first time while conducting an on-site exam of BlueCrest

BlueCrest Capital Management has agreed to pay $170 million in fines and disgorgement to settle SEC claims that the UK-based private fund adviser provided inadequate ...

State regulators and Democrats at the SEC have been increasingly vocal that Reg. D offerings have to be brought to heel. Their words are likely ...