Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Geithner Proposes Private Fund Adviser Registration and Private Fund Disclosures
March 26, 2009 Full PDF
Earlier today, in testimony before the House Committee on Financial Services, Treasury Secretary Timothy Geithner announced key elements of the Treasury Department's proposals for financial regulatory reform. Of particular significance to private fund sponsors, the proposals would require (i) all private fund advisers with assets under management "over a certain threshold" to register with the SEC and (ii) all private funds advised by an SEC-registered adviser to make certain investor and counterparty disclosures and file certain regulatory reports.