A View From the Front: Practical Guidance Learned from Exams of Private Fund Advisers
In light of the considerable attention given by the SEC in recent years to private fund managers, particularly in private equity and real estate, the stakes are high for firms that undergo SEC exams. Exams are likely to subject private fund managers to questions about fees, expenses, investment allocations, and valuation practices, amongst other areas of focus.
Even firms that have devoted substantial resources and attention to their compliance programs run the risk of ineffectively answering questions or formulating answers in a way that draws greater attention from regulators. An exam that does not go smoothly can create long-standing reputational damage, result in a fund manager being identified as a high-risk advisor, or lead to an unwanted enforcement action.
Our panel has counseled private equity fund managers and other registered investment advisers to private funds through dozens of exams in the last several years.
The panelists will discuss:
- Strategies for effectively addressing exam requests
- Examine with the audience actual questions and responses from recent
exams
- Provide practical tips for successfully navigating the exam
process
Date: Tuesday, 19 April
Venue: The Harvard Club, 35 W 44th St, New York, NY 10036
Times:
8am - 8.30am - Breakfast and Registration
8.30am - 10.30am - Panel
10.30am - 11am - Q&A and Networking
11am - Close
