Friday, September 22, 2023 The doctrine of sovereign immunity is a foundational element of the interplay between a governmental investor’s contractual obligation to satisfy capital calls and a fund’s or lender’s ability... Read more »
Quarterly Statement Rule RIAs Only 18 months Requires RIAs to provide quarterly statements to private fund investors with detailed information on: · private fund fees and expenses; · compensation received by the... Read more »
Thursday, August 17, 2023 EXECUTIVE SUMMARY On 12 July 2023, the Securities and Exchange Commission (the SEC) adopted amendments to Rule 2a-7 under the Investment Company Act of 1940, as amended (the... Read more »