Riveles Wahab, a leading New York-based boutique law firm for investment management and private funds has been recognised in several categories in alternative investment industry data and analytics provider Preqin’s Service Providers in Alternatives 2023 Report. The report is a comprehensive review of the alternative investment fund industry’s service provider community, covering fund administrators, placement agents, auditors, custodians and law firms. Riveles Wahab features in the top …
New SEC Rules for Private Fund Managers (including Key Takeaways and Summary Chart) (August 2023)
On August 23, 2023, the U.S. Securities and Exchange Commission (“SEC”) implemented heavily anticipated private fund reforms (the “Private Funds Rules” or the “Rules”) promulgated under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). Although the Rules are far less “mandate-driven” than those originally proposed in February 2022, the Rules nevertheless impose significant disclosure (and in some cases, operational) requirements that all …