Legal & Regulation

SEC Chair Mary Jo White outlined some of the issues with direct secondaries in a keynote session at the Annual Securities Regulation Institute meeting in January.

The acquisition of €1.3bn worth of assets included stakes in at least 11 private equity, real estate and private debt funds.

Financial institutions may have missed the boat in terms of pricing, but this won't deter them from returning to the market as sellers this year for several reasons.

The SEC’s Igor Rozenblit explained last week at a PEI event in New York why some end-of-life situations can create conflicts of interest, particularly regarding fees and expenses.

The world's third largest reinsurer has offloaded stakes in three buyout funds amid the implementation of Solvency II.

Concern about the next generation of key people is forcing LPs to ask more questions about succession during due diligence.

Regulatory uncertainty and higher compliance costs are capping enthusiasm for the pan-EU marketing passport, according to panelists at an industry conference.

New rule proposals on succession planning and fiduciary duties are in the works, SEC chair Mary Jo White revealed.

In an increasingly crowded transactions market, the competitive edge is shifting to buyers with efficient transaction processes. Fadi Samman, a partner in the investment management practice at law firm Akin Gump, offers his tips for what investors should consider.

Fewer limited partnership agreements contain right of first refusal clauses, which is a good thing for the secondaries market, according to a law firm.