Fund marketers rejoice—you are now freer to communicate!The recently enacted JOBS Act lifts the ban on “general solicitation” and “general advertising” by private equity funds, hedge funds and others tapping the private capital markets. The Securities and Exchange Commission has until early July to issue rules that will provide more clarity as to what activities and types of communications are permissible under the new law. In the meantime, now is the time for private equity firms to develop integrated strategic marketing plans that reflect this new opportunity for greater communications.
3 min read · 21 May 2012
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3 min read · 21 May 2012
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4 min read · 21 May 2012
With the leveraged finance market coming back to life, bank regulators want financial institutions to seriously tighten oversight and maintenance of their leveraged portfolios, according to Thomson Reuters’ Business Law Currents.
6 min read · 21 May 2012
2 min read · 21 May 2012
4 min read · 21 May 2012
In a setback for Diamond Castle Holdings, portfolio company Community Choice Financial Inc. withdrew its initial public offering on May 10, three days after it lowered the expected price range of the IPO.
2 min read · 21 May 2012
AMF Bowling Worldwide, an owner and operator of bowling centers, is threatened with bankruptcy and could dampen its sponsor CHS Capital’s pitch to raise another fund.
2 min read · 21 May 2012
