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ARTICLE · 07 SEPTEMBER 2023

Private Funds Radar - September 2023

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The private funds radar is our regular roundup of developments from around the world for private fund stakeholders.

GlobalCorporate/Commercial Law
Stephen Ross
Stephen Ross
Samuel Brooks
Samuel Brooks
Harriet Miller
Harriet Miller
Chris Daniel
Chris Daniel

The private funds radar is our regular roundup of developments from around the world for private fund stakeholders.

US

SEC adopts new private fund adviser rules

In arguably the biggest development over the period, the widely anticipated private fund adviser rules were adopted by the SEC on 23 August 2023. The new rules, which are summarised in this helpful SEC factsheet, impose additional reporting requirements and compliance obligations on private fund advisers but observers have noted that many activities previously targeted for outright prohibition have been significantly diluted. The following new rules have been adopted.

For private fund advisers registered with the SEC:

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