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Amendments to the Venture Capital Fund Adviser and Private Fund Adviser Exemptions

USA - April 29 2016 Last month the SEC's Division of Investment Management issued a guidance update (Update) addressing recent amendments to the Advisers Act. These…

Peter D. Fetzer, Stuart E. Fross, Gustavo Resendiz

PE Funds Found Liable for Portfolio Company Pension Plan Short Falls

USA - April 29 2016 On March 28, 2016, in an alarming decision in the Sun Capital litigation, the Federal District Court ruled that two Sun Capital Funds together…

Peter D. Fetzer, Stuart E. Fross, Gustavo Resendiz