Sponsors or GP-led secondaries processes should take care in the language they use to explain why they want to hold an asset for longer, writes Thiha Tun, a partner at Dechert.
Private fund managers are considering putting sanctions-related language in their fund documents in order to protect themselves from investor complaints and potential litigation down the road.
Grappling with European sustainable finance rules was one of the central themes of this year's Impact Investor Global Summit and uncertainty was order of the day.
With the SEC’s proposed rules requiring funds to back up their ESG claims, firms are turning to compliance and training to avoid enforcement crosshairs.