Agreeing on who foots the bill for SEC examination costs is becoming a constant battle between GPs and LPs, and the situation is unlikely to improve anytime soon.
The launch of the Due Diligence Questionnaire follows that of an equivalent LP-focused document published by the UN-backed Principles for Responsible Investment initiative in 2015.
The asset manager has opened its first office in the Middle East and has become the first international asset manager to establish a base in Abu Dhabi’s financial free zone.
The alternatives-focused law firm has expanded its service offering by buying an LP-focused investment consultant and GP-focused regulatory and operational services provider.
London-based financing lawyer Paul Stacey has been named as executive partner, while corporate and private equity lawyer David Wittmann has been appointed practice partner.