Regulation

The state of play was transformed last year when SEC chair Gary Gensler introduced sweeping private funds reforms.

US regulators' increased scrutiny on the industry has created knock-on effects on investors’ demand for more disclosure. A key challenge for firms is managing the cost of compliance, says Private Funds CFO's DC correspondent, Bill Myers.

Market participants we've spoken to in recent weeks don't appear as perturbed by potential political change as you might expect.

The lead attorney for six trade groups has warned an appellate panel that the SEC's sweeping rules will cost industry $5.4bn per year if left standing.

Two years of lobbying and fine-tuning of private markets rule-making could be undone as a lawsuit gets underway in the US.

While data collection and reporting are now a matter of regulatory compliance, GPs need to engage with portfolio companies through a business strategy lens, say Cority’s Anne Matusewicz and David Wynn.

Many LPs are still tepid on the final rules and still appear to want the US regulator as a referee.

SEC rulings significantly expanded the regulatory compliance requirements for private fund advisers in 2023 and are expected to have an impact on reporting and fundraising.