News & Analysis as of September 20, 2024

Fund Sponsors › Enforcement Actions

+ Follow

Videocast: Asset management regulation in 2020 videocast series – Private fund regulatory developments
Podcast: Credit Funds: Compliance Considerations for Valuation
Ropes & Gray’s PEP Talk: General Solicitation by Private Equity Funds Under 506(c)

SEC Sends Second Message to Private-Fund Sponsors on Audit Obligations Under Custody Rule Through Enforcement Actions

Goodwin on 9/26/2023

On September 5, 2023, almost one year since its first flurry of similar Custody Rule actions, the SEC announced settlements with five SEC-registered investment advisers to private funds with respect to alleged violations of...more

SEC Sends Message to Private Fund Sponsors on Audit Obligations Under Custody Rule Through Enforcement Actions

Goodwin on 9/14/2022

On September 9, 2022, the SEC announced settlements with nine SEC-registered investment advisers to private funds with respect to alleged violations of Rule 206(4)-2 under the Investment Advisers Act of 1940 (the...more

[Ongoing Program] Private Credit Summit 2021 - March 18th, 9:30 am ET

Proskauer Rose LLP on 3/8/2021

From February 23 – March 18th Proskauer will host its second annual Private Credit Summit. This interactive virtual event will bring together leaders in the Private Credit industry, including lenders, private equity firms,...more

[Ongoing Program] Private Credit Summit 2021 - March 16th, 9:30 am ET

Proskauer Rose LLP on 3/5/2021

From February 23 – March 18th Proskauer will host its second annual Private Credit Summit. This interactive virtual event will bring together leaders in the Private Credit industry, including lenders, private equity firms,...more

[Ongoing Program] Private Credit Summit 2021 - March 11th, 9:30 am ET

Proskauer Rose LLP on 3/3/2021

From February 23 – March 18th Proskauer will host its second annual Private Credit Summit. This interactive virtual event will bring together leaders in the Private Credit industry, including lenders, private equity firms,...more

[Ongoing Program] Private Credit Summit 2021 - March 9th, 9:30 am ET

Proskauer Rose LLP on 3/1/2021

From February 23 – March 18th Proskauer will host its second annual Private Credit Summit. This interactive virtual event will bring together leaders in the Private Credit industry, including lenders, private equity firms,...more

[Ongoing Program] Private Credit Summit 2021 - March 4th, 9:30 am - 10:15 am ET

Proskauer Rose LLP on 2/26/2021

From February 23 – March 18th Proskauer will host its second annual Private Credit Summit. This interactive virtual event will bring together leaders in the Private Credit industry, including lenders, private equity firms,...more

[Ongoing Program] Private Credit Summit 2021 - March 2nd, 9:30 am ET

Proskauer Rose LLP on 2/24/2021

From February 23 – March 18th Proskauer will host its second annual Private Credit Summit. This interactive virtual event will bring together leaders in the Private Credit industry, including lenders, private equity firms,...more

[Ongoing Program] Private Credit Summit 2021 - February 25th, 9:30 am ET

Proskauer Rose LLP on 2/22/2021

From February 23 – March 18th Proskauer will host its second annual Private Credit Summit. This interactive virtual event will bring together leaders in the Private Credit industry, including lenders, private equity firms,...more

[Ongoing Program] Private Credit Summit 2021 - February 23rd, 9:30 am - 10:15 am ET

Proskauer Rose LLP on 2/19/2021

From February 23 – March 18th Proskauer will host its second annual Private Credit Summit. This interactive virtual event will bring together leaders in the Private Credit industry, including lenders, private equity firms,...more

SEC Fines Private Fund Sponsor for Failing to Deliver Audited Financials

Winstead PC on 6/3/2020

On May 22, 2020, the Securities and Exchange Commission (the “SEC”) initiated and settled cease-and-desist proceedings against a private fund sponsor that allegedly failed to timely deliver audited financial statements to the...more

Fund Sponsor’s Fee Calculation Mistake Leads to SEC Enforcement

Proskauer - The Capital Commitment on 10/3/2019

A settlement last week involving a private equity fund sponsor is a reminder that compliance with fee calculation provisions and valuation policies and procedures are crucially important for fund managers. Even when an error...more

Investment Services Regulatory Update - February 2018

Vedder Price on 2/13/2018

New Rules, Proposed Rules, Guidance and Alerts – SEC STAFF GUIDANCE AND ALERTS - SEC Staff Issues Guidance on Cryptocurrency-related Holdings - On January 18, 2018, the staff of the SEC’s Division of Investment...more

SEC's Unwavering Focus on Disclosure of Valuation Methods and Calculation of IRRs by Fund Sponsors

Jones Day on 5/16/2017

The recent SEC subpoena of a fund sponsor for additional information concerning how it calculates internal rates of return ("IRRs") indicates that investment performance disclosure, and specifically the calculation of IRRs,...more

SEC Charges KKR With Misallocating Broken Deal Expenses

Stinson - Corporate & Securities Law Blog on 6/29/2015

Everyone knew the SEC would pursue a marquee-name private equity sponsor for misallocating expenses. It finally happened, with KKR settling charges for misallocating “broken deal” expenses. Charges against others are likely...more

15 Results

/

View per page

Page: of 1