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Beyond Compliance – Effectively Managing Risk

These are my live notes from PEI’s Private Fund Compliance Forum. They are likely to be incoherent and full of typos. Expert networks. The risk in using them came to the surface in 2010 when an insider trading case came out with and expert network involved in the distribution of information. Law enforcement has come […]

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Addressing Regulatory Challenges On The Horizon

These are my live notes from PEI’s Private Fund Compliance Forum. They are likely to be incoherent and full of typos. Panel Member: Jason Mulvihill, General Counsel, Private Equity Growth Capital Council Joel Wattenbarger, Partner, Ropes and Gray A bill has passed the House that would exempt private equity fund advisers from registration. It’s unlikely […]

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International Regulatory Landscape For Private Funds

These are my live notes from PEI’s Private Fund Compliance Forum. They are likely to be incoherent and full of typos. AIFMD is a difficult topic. Transitional regime. It’s just about over; it expires at the end of July 2014. They don’t work in France. They work well in the UK. Germany is in the […]

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Testing Your Compliance Program

These are my notes, live from the conference. One of the best tests is a mock exam. See how you stand up to simulated fire. It’s a good practice to see how people respond under the interview process from a regulator (or mock regulator). How often should you do a third party review? Annually is […]

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View from the SEC

These are my notes, live from the conference. Please excuse a more numerous supply of typos. Drew Bowden, the Director of the SEC’s Office of Compliance Inspections and Examinations (These are his views and not necessarily the views of the SEC. His speech is posted on the SEC website: Spreading Sunshine in Private Equity.) He […]

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Current Trends Impacting the Private Fund Compliance Community

These are my notes from this session at PEI’s Private Fund Compliance Forum. The SEC is developing an approach of zero tolerance for non-compliance. Private funds are challenging because there are some that have been registered fro many years and many that have only been registered for two years. The SEC is learning more about […]

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PERE CFO Forum 2013

I spent most of yesterday in New York at PERE’s CFO Forum. I came to speak about the evolution and revolution of regulation in the private equity real estate industry. I thought I would share a few items. The opening panel focused on the changing role of the Chief Financial Officer. A big change is […]

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Day Two at PEI’s Private Fund Compliance Forum

These are my notes from the Thursday sessions at PEI Media’s Private Fund Compliance Forum 2013. The Day started out with a closed door session called the CCO Think Tank. Since the doors were closed, I’m not going to share any specific notes. The public sessions: What’s on the regulatory horizon and how will it […]

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Ensuring compliance in your marketing and solicitation procedures

These are my notes from the Private Fund Compliance Forum 2013. Paula Bosco, Managing Director, Chief Regulatory Counsel & CCO, New Mountain Capital, LLC Abrielle Rosenthal, Senior Principal & Senior Compliance Counsel, TowerBrook Capital Partners L.P. The JOBS Act is going to change things. We just don’t know when or how. However, most people think […]

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What’s on the regulatory horizon and how will it affect your compliance program

These are my notes from the Private Fund Compliance Forum 2013. They are live notes, so please forgive my typos. Christian B. McGrath, Managing Director & General Counsel, GTCR Jason Mulvihill, General Counsel, Private Equity Growth Capital Council Joel Wattenbarger, Partner, Ropes & Gray LLP Broker-dealer regulation in connection with the sale of private fund […]

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