Volcker Rule Approved

Dec 10 2013 | 3:05pm ET – FINalternatives.com Six years after the financial crisis began and more than three since it was mandated by Congress, U.S. regulators have approved the Volcker rule, barring banks from proprietary trading and strictly limiting their alternative investment activities. The Commodity Futures Trading Commission, Federal Deposit Insurance Corp., Federal Reserve […]

Private Equity Makes a Comeback

By MURRAY COLEMAN Sept. 27, 2013 10:42 p.m. ET – Wall Street Journal Managers of private-equity funds are taking advantage of low interest rates to finance new deals at the fastest pace in five years—and more investors are trying to get in on the action. Private-equity funds have raised nearly $308 billion so far this […]

NASAA Issues Report on Exam Findings of State Registered Advisers

NASAA Reports Similarities in Deficiencies Among Existing and Switching Investment Advisers Download: 2013 IA Examination Report (pdf) WASHINGTON, D.C. (October 7, 2013) – State securities regulators report little difference in the type or frequency of deficiencies between existing state investment and those advisers who switched from federal to state oversight as a result of the Dodd-Frank […]

ALERT – 2014 SEC Exams Coming for Many RIAs!

SEC to take ‘swipe’ at RIAs that have never been examined Compliance chief Bowden says no game of ‘gotcha;’ but lapse prevention By Trevor Hunnicutt   |  October 31, 2013 – 7:25 pm EST – Investmentnews.com Registered investment advisers who haven’t seen much of their regulator may get a knock on the door in 2014. The Securities […]

Report: Pensions Fund Leading in Alt. Investments

Aug 27, 2013 – evestment.com Jing Chen A new report from global consulting firm Towers Watson indicates that pension funds are increasing their allocations in alternative investments. The 10th annual Towers Watson Global Alternatives Survey, produced in conjunction withFinancial Times revealed that alternative investments account for nearly 20% of all pension fund assets globally. Comparably, total pension […]

Texas Employees sets tactical plans for alternative investments of $2.4 billion in FY2014

BY CHRISTINE WILLIAMSON | AUGUST 21, 2013 3:20 PM | UPDATED 6:43 PM – Pensions & Investments   Texas Employees Retirement System, Austin, approved tactical investment plans for the 2014 fiscal year that would invest or commit a total of $2.4 billion to the private equity, hedge fund and infrastructure portfolios of the $24.2 billion pension fund. […]

SEC To Vote On Hedge Fund Advertising Rules

Jul 5 2013 | 9:43am ET – FINalternatives.com The Securities and Exchange Commission is set to end an 80-year-old ban on hedge fund advertising next week. The regulator will vote on a much-delayed proposal to allow solicitation for private offerings, including hedge funds, on Wednesday. It is all but certain to be approved, with the […]

P.E. Fundraising Up 30% In H1 2013

Jul 3 2013 | 11:21am ET – FINalternatives.com Private equity funds raised an aggregate $186.1 billion in the first half of 2013, an increase of 30% year on year, according to data provider Private Equity Investing. A total of 290 funds closed in H1 2013 (compared to 276 in H1 2012), the average size of […]

White Said To Favor Quick Action On Hedge Fund Advertising

Apr 29 2013 | 3:15pm ET – FINalternatives.com The Securities and Exchange Commission’s new chairman seems more eager to pass new rules allowing hedge funds to advertise than either of her predecessors. While the regulator has received more than 200 comment letters about the proposal to end the 80-year-old ban on hedge fund marketing, Mary […]

Senior SEC Enforcement Official Says Private Equity Enforcement Actions to Increase

Private Equity Enforcement Concerns by Bruce Karpati Chief, SEC Enforcement Division’s Asset Management Unit U.S. Securities and Exchange Commission Private Equity International Conference New York, N.Y. January 23, 2013 Thank you to Private Equity International for having me here today. I am grateful for the opportunity to speak about our work in the private equity […]