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Fifth Circuit Vacates SEC’s Private Fund Advisers Rule

The Fifth Circuit Court of Appeals has vacated a Securities and Exchange Commission rule that represented one of the most significant changes to regulating private funds and private fund advisers since 2010....more

Continuation Funds: A Continuing Trend

The historically illiquid private equity market has found a new path to tradability through the private equity secondaries market and continuation funds. The secondaries market was once a niche market characterized by...more

SEC Private Fund Rule Changes: What You Need to Know

The Securities and Exchange Commission (SEC) has adopted the most significant changes to regulating private funds and private fund advisors since 2010. The changes expand the scope of disclosure, reporting and other...more

Considerations for VC Funds Regarding Receivership of SVB

VC Fund has an Account with SVB See the FDIC's FAQ and Orrick's SVB Resource Center generally for issues relating to the SVB receivership and related matters. As long as a VC Fund does not have loans outstanding under a...more

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