Jennifer Harris
Dirk Leasure will head a team of investment bankers who are preparing for a 'substantial increase' in private equity transactions next year.
Senator Chris Dodd has written a draft of legislation that would only require hedge funds to register as investment advisors.
The House Financial Services Committee has passed a bill that, if made law, would give state regulators authority over investment advisors with less than $100m in assets.
An 'insider trading network' allegedly paid cash in exchange for tips on deals backed by Silver Lake, TPG, Hellman & Friedman and Blackstone.
Four Nixon Peabody partners, including the chair of its private equity practice, and four associates will join Winston & Strawn’s New York office.
Chen Tang, formerly with Friedman Fleischer & Lowe, and the ex-CFO of ValueAct Capital, Ronald Yee, allegedly tipped off a broad network of family members about impending deals.
An enviable carve-out from the US Investment Advisers Registration Act bill, and possible new funding from the government, might make structuring your fund as a Small Business Investment Company a tantalising prospect.
If passed, the bill would require private equity firms with assets exceeding $150m to register with SEC and 'become subject to more scrutiny'.
The SEC chairman today said she would seek to avoid ‘broad carve-outs’ within proposed legislation that would require private funds to register as investment advisors, possibly referring to at least one effort to exempt venture capital funds from the process.
The recently listed firm is continuing to build out its investor relations function with another hire from Goldman Sachs.