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In Plain English A publication of THE SECURITIES LAW GROUP | James E. Grand | October 1, 2024 Fund managers must consider the new regulations that will result from the now-effective Corporate Transparency Act (“CTA”)—in particular, the new regulations implementing the beneficial ownership information or “BOI” reporting requirements. You should read this bulletin carefully. Admittedly, […]

In Plain English A publication of THE SECURITIES LAW GROUP | James E. Grand | July 2024 This post highlights some of the guardrails imposed on private fund advisers when they are presenting predecessor performance information in a fund’s marketing materials and offering documents. “Predecessor performance” commonly arises when investment personnel attempt to port their […]

In Plain English A publication of THE SECURITIES LAW GROUP | James E. Grand | June 2024 In recent years, a substantial percentage of the capital invested in hedge funds has been allocated to managers with over $1 billion in assets under management. Indeed, recent studies put the number at approximately 90%. Large institutional investors […]