SEC Charges PE Adviser for Disproportionate Expense Allocations to Fund
SEC fines private equity fund adviser for failure to disclose disproportionate allocation of expenses to fund.
June 20, 2022
SEC Charges PE Adviser for Disproportionate Expense Allocations to Fund
SEC fines private equity fund adviser for failure to disclose disproportionate allocation of expenses to fund.
June 20, 2022
SEC Fines PE Fund Adviser $4.5 Million in Connection with Fee Calculations
The SEC has fined an adviser to private equity funds $4.5 million for not offsetting management fees as discussed in fund disclosures.
December 21, 2021
Virginia Adviser Pays Over $1 Million for Failing to Reduce Fees as a Result of Write Downs
The SEC has fined a private equity fund adviser concerning management fees that it charged to a fund under its management.
October 29, 2020
LA PE Fund Adviser Pays $1 Million to Settle MNPI Charges
A Los Angeles-based private equity fund adviser has paid $1 million to settle charges that it failed to sufficiently implement and enforce its policies and procedures for preventing the misuse of material, nonpublic information.
June 05, 2020
The SEC has settled charges with a New York-based private equity fund adviser for failing to fully disclose its practice of charging portfolio companies for the cost of certain in-house services and the associated conflicts of interest such that it could obtain informed consent.
April 27, 2020
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