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Fiduciary Duties of Private Fund Advisers and Market Expectations when Outsourcing Fund Administration

The international accounting firm RSM recently published a white paper/client alert regarding outsourcing private equity fund administration.  This article raises very interesting points.  As firms that focus on the private...more

SEC Scrutinizes Private Fund Investor Communications

There has been much ink spilled over the Marketing Rule and the Private Fund Rule under the Investment Advisers Act of 1940.  These rules represent significant regulation of investment advisers, imposing specific affirmative...more

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