SEC adopts final rules relating to Investment Advisers Act registration of private equity funds *

USA - July 26 2011
The SEC adopted several final rules to implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act governing the registration of private funds.

Co-authors: Andrew E. Taylor, Jr., Brian P. Lenihan, Frederick P. Callori.

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March 14, 2011 compliance date for SEC rule limiting political contributions by investment advisers, including private equity and hedge fund professionals *

USA - March 10 2011
What you need to knowIf you or certain of your employees contribute to elected officials or candidates who have influence over public pension or investment funds on or after March 14, 2011, you may not receive compensation on capital you raise from those funds for two years.

Co-authors: Andrew E. Taylor, Jr., Frederick P. Callori.

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Private equity firms required to register with SEC; Wall Street reform will have other effects on private equity funds *

USA - July 26 2010
The Private Fund Investment Advisers Registration Act of 2010 was enacted on July 21 as part of the Wall Street Reform and Consumer Protection Act.

Co-authors: Andrew E. Taylor, Jr., Lee S. Feldman, Frederick P. Callori.

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SEC limits political contributions by investment advisers, including private equity and hedge fund professionals; bans use of unregistered placement agents *

USA - July 6 2010
If you or certain of your employees contribute to elected officials or candidates who have influence over public pension or investment funds, you may not receive compensation on capital you raise from those funds for two years.

Co-authors: Andrew E. Taylor, Jr., Frederick P. Callori.

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Recent court decisions provide guidance on protecting private company sellers when their company files for bankruptcy after the sale *

USA - August 13 2009
Two US federal appeals courts recently held that a provision of the Bankruptcy Code can protect private company sellers in the event that the company they sold later goes bankrupt and a fraudulent transfer claim is brought against them to recover the sale proceeds.

Co-authors: Douglas R. Gooding.

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