The record-setting amount of capital growing in private markets creates complex challenges and unprecedented opportunities for private investment funds.
Publications
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09.15.2023The New Private Fund Rules: What Now for Registered Advisers?ArticlesAs reported in our recent blog post, “SEC Imposes New Burdens on Registered and Exempt Private Fund Advisers,” the U.S. Securities and Exchange Commission (the SEC) has adopted significant new rules under the Investment Advisers Act of 1940 (the Advisers Act) that apply to investment advisers to private funds that are registered with the SEC.
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09.15.2023The New Private Fund Rules: What Now for VC Fund Advisers and Other ERAs?ArticlesAs we reported in our recent blog post, “SEC Imposes New Burdens on Registered and Exempt Private Fund Advisers,” the U.S. Securities and Exchange Commission (the SEC) has adopted significant new rules under the Investment Advisers Act of 1940 (the Advisers Act) that apply to the investment advisers of private funds.
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08.05.2020IRS Publishes Proposed Regulations Applicable to Three-Year Carried Interest Holding Period RequirementUpdatesOn Friday, July 31, 2020, the Internal Revenue Service (IRS) issued proposed regulations under Section 1061 of the Internal Revenue Code.
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04.19.2016ICI Mutual Funds Conference Outlines the SEC's 2016 AgendaLawyer PublicationsThe Investment Company Institute’s annual Mutual Funds and Investment Management Conference heralded springtime and a fresh approach to the regulation of registered funds.
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09.23.2013Revisions to SEC Rule 506 Permitting General Solicitation Effective September 23, 2013UpdatesOn September 23, 2013 the new Securities and Exchange Commission (SEC) rules permitting general solicitation and advertising of private securities offerings pursuant to the Jumpstart Our Business Startups Act of 2012 (JOBS Act) go into effect.
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07.11.2013JOBS Act: SEC Adopts Rules to Permit General Solicitation and Advertising for Private OfferingsUpdatesWhen enacted on April 5, 2012, Title II of the Jumpstart Our Business Startups Act of 2012 (JOBS Act) endeavored to lift the long-standing ban on general solicitation and advertising for private securities offerings under Rule 506 and Rule 144A, so long as the securities are sold only to accredited investors under Rule 506 or qualified institutional buyers (QIBs) under Rule 144A.
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03.30.2012JOBS Act Heralds New Era for Startup and Emerging Growth Company FinancingUpdatesAs forecast, on March 27 the U.S. House passed the Senate's amended version of the Jumpstart Our Business Startups Act (the JOBS Act), clearing the way for President Obama to sign the bill into law, which he is expected to do in the coming days.
Presentations
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01.10.2023ESG Considerations for Asset Managers - The Emerging Regulatory Framework Applying to Investment Funds and Investment Advisers 2023Speaking EngagementsPracticising Law Institute / New York
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10.28.2020State of the State for Investment Funds in COVID-19 Era – Success of Specialized Funds in Venture Capital and Private EquityWebinarsA timely discussion with key industry thought leaders representing several funds as we examine the climate for investment funds’ activities, their fundraising, LP relationships, and the special circumstances that may be affecting their portfolio companies, both positively and negatively.