CLIENT ALERT - SEC Expands Class of Knowledgeable Employees Eligible to Invest in Private Funds
Managers of hedge funds and private equity funds may accept investments from an expanded array of key employees without risking their regulatory exemption from registration under the Investment Company Act of 1940, following guidance issued earlier this month by the U.S. Securities and Exchange Commission. Please click here for the entire article.
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Our Investment Funds and Advisers Practice provides all-encompassing legal services to investors and sponsors in the alternative asset space. Our clients include investment advisers – registered and unregistered, domestic and international – and asset allocators of all sizes, ranging from high-net-worth individuals to asset management arms of large financial institutions.
