Home Bookstore Private Equity The US Private Equity Fund Compliance Guide, Vol III

The US Private Equity Fund Compliance Guide, Vol III

£429.00

Key Information

  • ISBN: 978-1-908783-97-4
  • Publication Date: November 2015
  • Number of Pages: 246

This book is a must-have resource on the latest SEC compliance priorities and focus areas for US registered investment advisers.

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Keep abreast of regulatory and compliance changes

Since private equity fund managers were required to become registered investment advisers in 2012, the Securities and Exchange Commission (SEC) has increased its attention on the private equity industry with more examinations, enforcement actions and guidance on issues affecting private equity firms. Download a free extract

Some areas of heightened SEC concern include disclosure to limited partners, hidden fees and expenses, allocation of expenses, the use of operating partners and co-investments, and valuation practices.

Edited by Charles Lerner of Fiduciary Compliance Associates, The Private Equity Fund Compliance Guide, Volume III provides a vital source of intelligence and guidance from the industry’s top lawyers and compliance professionals on what advisers need to know to have a well-designed compliance program.

Topics covered in this dedicated publication:

  • Allocation of expenses and transaction fees
  • When should an adviser register as a broker-dealer
  • Disclosures and investor due diligence
  • Valuation
  • Marketing in the US and EU
  • Cybersecurity
  • SEC enforcement investigations and actions
  • Chief compliance officer liability

Plus much more…

This highly practical guide is ideal for:

  • Chief Compliance Officers
  • General Counsels
  • Chief Legal Officers
  • Chief Financial Officers
  • Chief Administrative Officers
  • Chief Operations Officers
  • Fund Managers
  • US advisers to investment funds
  • Compliance professionals
  • Consultants
  • Lawyers

Please note: This guide does not replace the need for services of an actual compliance professional or a legal counsel.

Editor: Charles Lerner, Fiduciary Compliance Associates

Other contributors:

- John Adams, Shearman & Sterling LLP

- Christopher Anderson, KPS Capital Partners

- James E. Anderson, Willkie Farr & Gallagher LLP

- Reed W. Balmer, Finn, Dixon & Harling LLP

- Erik A. Bergman, Finn, Dixon & Harling LLP

- Andrew J. Bowden, director, Office of

- Compliance Inspections and Examinations

- Justin L. Browder, Willkie Farr & Gallagher LLP

- Julia D. Corelli, Pepper Hamilton LLP

- Doug Cornelius, Beacon Capital Partners

- Laura S. Friedrich, Shearman & Sterling LLP

- James Gaven, Welsh, Carson, Anderson & Stowe

- Richard D. Marshall, Katten Muchin Rosenman LLP

- Stephanie Pindyck-Costantino, Pepper Hamilton LLP

- Julie M. Riewe, co-chief, Asset Management Unit, Division of Enforcement

- Kari M. Rollins, Winston & Strawn LLP

- Caroline Schimmelbusch, GI Partners

- Justin J. Shigemi, Finn, Dixon & Harling LLP

- David A. Smolen, GI Partners

- Jeanette Turner, Advise Technologies

- Joel Wattenbarger, Ropes & Gray LLP

- Marc Wyatt, acting director, Office of Compliance Inspections and Examinations

- Paul Yau, Advise Technologies

Introduction

Section I: SEC focus areas

1. US regulatory developments and areas of increased SEC focus applicable to private equity fund advisers since 2012
Erik A. Bergman, Justin J. Shigemi and Reed W. Balmer, Finn, Dixon & Herling LLP

2. Must-know current SEC issues
Julia D. Corelli and Stephanie Pindyck-Costantino, Pepper Hamilton LLP

3. Valuation practices
James E. Anderson and Justin L. Browder, Willkie Farr & Gallagher LLP

4. Cybersecurity
Kari M. Rollins, Winston & Strawn LLP

5. Marketing in the US and EEA
Laura S. Friedrich and John Adams, Shearman & Sterling LLP

6. Due diligence and fundraising
David A. Smolen and Caroline Schimmelbusch, GI Partners

7. Form PF and Annex IV regulatory reporting requirements
Jeanette Turner and Paul Yau, Advise Technologies, LLC

8. SEC examinations: How to successfully handle the process
Doug Cornelius, Beacon Capital Partners LLC

9. SEC enforcement actions against private equity firms
Richard D. Marshall, Katten Muchin Rosenman LLP

10. Compliance officer liability: How to protect the compliance officer
Richard D. Marshall, Katten Muchin Rosenman LLP

11. Compliance roundtable
James Gaven, Welsh, Carson, Anderson & Stowe, Christopher Anderson,
KPS Capital Partners, Joel Wattenbarger, Ropes & Gray LLP

Section II: Appendices

1. Spreading Sunshine in Private Equity
Andrew J. Bowden, director, Office of Compliance Inspections and Examinations

2. Private Equity: A Look Back and A Glimpse Ahead
Marc Wyatt, acting director, Office of Compliance Inspections and Examinations

3. Conflicts, Conflicts Everywhere – Remarks to the IA Watch 17th Annual IA Compliance Conference: The Full 360 View
Speech by Julie M. Riewe, co-chief, Asset Management Unit, Division of Enforcement

4. Cybersecurity Examination Sweep Summary
National Exam Program Risk Alert issued by the Office of Compliance

5. Cybersecurity Guidance
Issued by the Division of Investment Management

6. OCIE’s 2015 Cybersecurity Examination Initiative
National Program Risk Alert issued by the Office of Compliance Inspections and Examinations (OCIE)

7. Examination Priorities for 2015
Issued by the Office of Compliance Inspections and Examinations

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