In August 2023 the Securities and Exchange Commission adopted final rules that sought to implement sweeping changes to the private funds industry.

On April 30, 2025, the FTC filed an amended complaint and final order in the U.S. District Court for the Northern District of Georgia against a debt collection...

The SEC's Enforcement Division is conducting a sweep investigation of large investment advisers regarding their employees' use of "off-channel" communications.

The UK's overseas funds regime has been in development for several years and is finally close to becoming a reality. It will create a more streamlined method by which non-UK funds given "equivalence"

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics in a concise and uncomplicated manner. Our latest Snippet is about the role and footprint...

There are numerous examples of what constitutes "anything of value" in the context of bribing foreign officials under the FCPA...

On March 6, 2025, the CSSF published a communiqué on a new "e-Identification" system, which will replace the current VISA procedure for the prospectuses of UCITS, Part II UCIs, SICARs, and SIFs, in April 2025.

Last month, the Institutional Limited Partners Association ("ILPA") weighed in on the interesting philosophical question that fund formation and finance lawyers frequently debate - what is a NAV loan?

The banking industry wires an estimated $5.4 trillion each day. Banks have policies and procedures in place to protect against erroneous wires, but sometimes those systems fail.

The UK is considering subsidies for clean energy sectors such as battery production, hydrogen, carbon capture, usage and storage in response to the US Inflation Reduction Act...

The past year has seen a challenging environment for the balance sheet of many banks. The ability for a bank to sell and assign their commitments

The U.S. House Committee on Financial Services on April 30, 2025, voted to approve Republican-backed budget legislation that would eliminate almost all funding to the CFPB.

The Justice Department and State of Texas recently entered into a settlement agreement with Colony Ridge Development, LLC and related entities (Colony Ridge) to settle allegations that Colony Ridge...

Proskauer's Hedge Fund Trading Guide offers a concise, easy-to-read overview of the trading issues and questions we commonly encounter when advising hedge funds and their managers.

"GPs should remain thoughtful about employing leverage on their GP-led secondaries transactions given the higher interest rate environment

"In what has been a recently challenging fundraising environment, credit funds are still a bright spot for GPs. The new buzz about credit fund formation relates...

Side letters are an important component of most fund finance deals.

In May 2020, the Division of Investment Management Staff of the U.S. Securities and Exchange Commission published a Statement withdrawing a November 2010 letter issued to Boulder Total Return Fund...

With near-constant reports on the growth and scale of the secondaries market, and headlines announcing marquee secondary fund closings, such as Carlyle AlpInvest's recent $20 billion fundraise...

On March 6, 2025, Judge John J. McConnell of the United States District Court for the District of Rhode Island granted the Motion for Preliminary Injunction sought by 22 state attorneys general and the Attorney General for the District of Columbia challenging the Trump Administration's "pause" or "freeze" of grant funding payments.