Archive:August 24, 2023

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The SEC’s New Rules for Private Fund Advisers: A Dose of Transparency for the Private Markets

The SEC’s New Rules for Private Fund Advisers: A Dose of Transparency for the Private Markets

By: Ken Holston, TJ Bright, Pablo Man, Matthew Mangan, Chris Phillips-Hart, Annabelle North

On August 23, 2023, the SEC adopted sweeping new rules that will impose substantial regulation on the management and operation of private funds by investment advisers.  The rules appear to be somewhat less burdensome than the rules originally proposed in February 2022.  

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