Marine Cole
.jpg?id=12885360916 "SEC keeps a close eye on direct secondaries")
SEC Chair Mary Jo White outlined some of the issues with direct secondaries in a keynote session at the Annual Securities Regulation Institute meeting in January.
Despite a couple of cases brought against CCOs last year, Jennifer Duggins, co-head of the Private Funds Unit at the SEC, reassured CCOs that the SEC is not targeting them specifically.
The SEC’s Igor Rozenblit explained last week why some end-of-life situations can create conflicts of interest, particularly in terms of fees and expenses.
.png?id=12885359535 "AIFMD prompts small US firms to bypass EU LPs")
Some smaller firms in the US are avoiding the hurdles of registering in each European country and are instead turning toward Asia when fundraising, according to Bronwyn Bailey of the Private Equity Growth Capital Council.
Lauren Dillard will become head of the buyout giant’s Investment Solutions group, replacing Jacques Chappuis.
More than 40% family offices and foundations see restructurings as negative, according to fresh in-house research.