Private Funds

The Commission’s complaint alleged that, from November 2013 through April 2014, Moses and MIC misrepresented 1) Moses’ past experience as a trader or portfolio manager ...

Nicholas Joseph Genovese and his hedge fund Willow Creek Investments LP raised more than $5.3 million from at least six investors by affirmatively misrepresenting ...

All this story’s missing is the screenwriter.   The real-life characters include a failed politician turned skillful fraudster. He heads to prison next month. Add ...

Two years ago, the number of private equity funds topped hedge funds, and that trend continues as evidenced by the release of the latest aggregate ...

A new final rule from the SEC tweaks two Advisers Act rules to bring them into agreement with Congress’s 2015 FAST Act (IA Watch, March ...

We are adopting amendments to the rule that defines a venture capital fund (rule 203(l)-1) and the rule that implements the private fund adviser exemption ...

Mohlman made payments to satisfy the obligations of third parties, and in 2013, used one of the private fund's assets to make a $150,000 unsecured ...

Multiple compliance backstops were in place at hedge fund adviser Brahman Capital Corp. to safeguard confidential information. Despite the firm’s written P&Ps, code of ethics, ...

This matter arises from Paritosh Gupta’s improper sharing of confidential information and advice – obtained from his position as a senior research analyst with a ...

Paritosh Gupta (“Gupta”), a former senior Brahman research analyst, transmitted Brahman’s confidential information to Nehal Chopra (“Chopra”), whom Gupta first met in 2006 and subsequently ...