SEC Releases Final Private Fund Adviser Rules: Key Changes and Takeaways

Timothy Clark, Ari Fryer, Adam Kanter, Matthew Keehn, Minju Kim, Peter McCamman, Elizabeth McClain, Tram Nguyen, JoonBeom Pae, Michael Weigel
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On August 23, 2023, the US Securities and Exchange Commission (the “SEC”) adopted final rules imposing additional obligations on and restricting certain practices by advisers to “private funds” (the “Final Rules”).

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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