Side Letter: SEC’s misleading fees claim; Blue Owl’s IPO; DaGrosa’s $2.5bn Axxes plan

The SEC has cracked down on a VC firm it claims hadn't adequately notified LPs about its unusual fee policy. Plus: liquidity for Blue Owl LPs and a US investor previously linked to a Premier League football club is expanding access to private markets. Here's today's brief, for our valued subscribers only.

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