Bill Myers
Early draft of legislation protects 'loophole', targets cuts to Biden-era stimulus, Private Funds CFO has learned.
New FAQs offer some relief to a vexed industry.
No-action letter may open ‘new era’ for 506(c) fundraising, Latham & Watkins partner Joel Trotter says.
The investment advisory committee didn’t make any final recommendations, but new openings forecasted
The ‘paramount duty is going to be to maximise value’, Debevoise & Plimpton’s Erica Weisgerber says.
The standard-setting body has approved guidelines that give it and state regulators the ability to override automatic risk-based capital calculations for insurance company investors in debt markets.
Protections weakened, LPs shoulder the burden; exempt managers not ‘out of the woods’.
Bill Myers digs into the ‘back door’ for regulators after the striking down of the SEC’s private funds rule by a US Court of Appeals.
Court hands big victory to private funds. Rifts in LP community may have aided the downfall of the regulatory package.
‘Because it’s private, there’s a false assumption that the opacity of the market indicates risk,’ AIC’s Goshorn Jurata says at Private Funds CFO’s compliance forum.