SEC Examinations

‘This may be a time to whiteboard some new ideas,’ Simpson Thacher’s Adam Aderton says.

The closer private funds get to retail, the tougher the questions they will face, SEC exams division warns

Ripple effects on regulatory filings and public access offerings may also affect valuations, creating a vicious cycle, with managers likely to further lean on continuation funds as a result.

As the NAV finance market continues to grow, it is attracting increasing attention – and not all of it positive.

Regulators in the US and Europe have different priorities when it comes to NAV loans and subscription lines.

The Biden administration wants to rework American society, and sees fund managers as a problem to be solved.