It has been reported--based upon an analysis by Morningstar--that "[i]nvestors pulled $5 billion from U.S. sustainable funds in the fourth quarter [of 2023] for a total of $13 billion last year.

This Legal Update explores why, in order for an underlying loan to be included in a warehouse facility's borrowing base, the underlying loan cannot be used for "personal, family or household purposes."

On May 11, the Securities and Exchange Commission's (SEC) Division of Examinations published a Risk Alert on the results of a series of examinations that the division conducted ...

The CFPB has launched an aggressive campaign against so-called "junk fees." This year the CFPB has released proposed rules targeting overdraft and non-sufficient funds...

The European Commission has rejected suggestions that it introduce minimum environmental standards for Article 8 or Article 9 funds under the EU Sustainable Finance

On May 3, 2023, the Securities and Exchange Commission (SEC) adopted amendments requiring disclosure related to issuers' share repurchases.

Mayer Brown partner Kiel Bowen and associate Andi Wilt authored this article discussing how participations are increasingly...

Startups and emerging companies that are reevaluating their cash management policies following recent events in the banking sector should be aware of the implications of such policies...

In our previous alerts (here and here), we noted critical feedback that the European Commission (Commission) gave to the European Securities and Markets Authority (ESMA)...

Recent developments in fund finance documentation reflect a significant shift in how insurance companies are treated under assignment provisions.

More than a third (36%) of survey respondents in the 2026 Global Private Equity Outlook survey expect fund finance to increase in the next 12-18 months, which is a significantly more optimistic outlook than a year ago, when only 2% anticipated an increase.

Investors typically require fund managers to commit some of their own money to their funds to ensure that managers' interests are aligned with the interests of investors.

On May 3, the Securities and Exchange Commission ("SEC") adopted a final rule amending Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds.

In a series of recent industry events, U.S. Securities and Exchange Commission ("SEC") Enforcement Director Gurbir Grewal continued to emphasize that the private funds industry...

Trump v. California: On August 24, 2026, the U.S. Supreme Court paused an injunction issued by the U.S. District Court for the District of Massachusetts and allowed the Trump administration to move forward with implementation of a March 2026 executive order affecting mail voting in 23 states and the District of Columbia.

Numerous journalists have showcased their use of "deep-voice" and other Artificial Intelligence technologies to spoof electronic confirmation systems. Although these attempts...

Last month, the SEC issued its list of examination priorities for 2023. Among the list of six priorities identified by the SEC in its press release was "Environmental, Social, and Governance (ESG)."

The Securities and Exchange Commission (SEC) has adopted the long awaited "Private Fund Adviser Rule" (the "PFA"). The proposed PFA was introduced on February 9, 2022 ("Proposed Rule")...

In TSLA Capitals, S.A.P.I. de C.V. v. ATL Funds, LLC (“TSLA Capitals”), the Court granted summary judgment in lieu of complaint under CPLR 3213 on a partially paid promissory note exceeding $24MM.

On August 23, 2023, the Securities and Exchange Commission (the SEC) released final rules under the Investment Advisers Act of 1940 (the Advisers Act)...