From the great sources at IA Watch: The numbers may not be final, but they’re close. Some 1,400 private fund advisers registered with the SEC by the first week of April, sources tell IA Watch. Owing for some stragglers, these appear to be what Dodd-Frank wrought by way of new advisers. They join some 2,600 … Read more »
Tag: IA Watch
SEC Sweep Letter for Private Equity Funds
The San Francisco Office of the SEC has an informal inquiry into the valuations of private equity funds. IA Watch has received a copy of the sweep letter from the Division of Enforcement directed to a private equity fund manager. Some highlights in the request: All formation and offering documents for the fund, including private … Read more »
What is the SEC Looking For With Private Fund Managers
IA Watch published a few recent document request letters in connection with SEC examinations of investment advisers. One is a document request letter sent to a private fund manager (sub. required). These are some of the items requested that caught my attention: Organizational chart showing ownership percentages investment strategy Amount of adviser’s equity interest Amount … Read more »