We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results:1-10 of 36

SEC Settles with Private Equity Fund Adviser Charged with Acting as an Unregistered Broker
  • Ropes & Gray LLP
  • USA
  • June 8 2016

In a case that may reflect a notable change in the SEC’s views on broker-dealer registration issues in the private equity industry, a private equity


DOL Issues “Conflict of Interest” Rule on Investment Advice: Fiduciary Net Will Widen on April 10, 2017
  • Ropes & Gray LLP
  • USA
  • April 13 2016

A comprehensive new rule issued by the Department of Labor (the "DOL") on April 6 will make a much wider group of advisers subject to fiduciary


Sun Capital Partners on Remand: District Court Rules that Related Funds Formed a Partnership-in-Fact Engaged in a Trade or Business
  • Ropes & Gray LLP
  • USA
  • April 5 2016

In a recent decision with important implications for private equity funds and their sponsors (Sun Capital Partners v. New England Teamsters), the U.S


SEC brings first action against a private equity fund adviser for misallocation of portfolio company expenses
  • Ropes & Gray LLP
  • USA
  • September 23 2014

On September 22, 2014, the Securities and Exchange Commission ("SEC") charged private equity fund adviser Lincolnshire Management, Inc


SEC charges Manhattan-based private equity manager with stealing $9 million in investor funds
  • Ropes & Gray LLP
  • USA
  • July 21 2014

The SEC recently charged a Manhattan-based private equity manager and his firm with stealing $9 million from investors in their private equity fund


European Commission decision implicates the parental liability of private equity funds
  • Ropes & Gray LLP
  • European Union
  • July 21 2014

Earlier this month, the European Commission penalized a group of high voltage power cable producers for operating as an illegal cartel and


SEC announces charges against Arizona-based fund manager in expense misallocation scheme
  • Ropes & Gray LLP
  • USA
  • July 21 2014

In February, the SEC announced charges against an Arizona-based private equity fund manager and his advisory firm in connection with a scheme to


First Circuit holds that private equity fund may be liable for portfolio company’s multiemployer plan withdrawal liability
  • Ropes & Gray LLP
  • USA
  • July 26 2013

In a decision (Sun Capital) 1 with important implications for private equity sponsors, the U.S. Court of Appeals for the First Circuit has


Proposed bill would exempt private equity fund advisers from investment adviser registration
  • Ropes & Gray LLP
  • USA
  • June 27 2013

Congressman Jim Himes (D-CT) and Congressman Robert Hurt (R-VA) recently introduced legislation (H.R. 1105) in the House of Representatives to amend


SEC focuses on fundraising activity and sponsor receipt of transaction fees
  • Ropes & Gray LLP
  • USA
  • June 27 2013

As reported in our Alert dated March 13, 2013, the SEC recently announced the settlement of enforcement proceedings against a private equity firm