Funds Talk: July 2018

Topics covered in this issue include: 

• Opportunities in Permanent Capital Vehicles

  Fund managers considering opportunities in permanent capital vehicles have a variety of alternatives to choose from. The following chart highlights some of the key differences among these alternatives so that fund managers can determine which ones best suit their strategies and objectives.

• Comptroller of the Currency Announces That Leveraged Lending Guidance Is Not Expected to Be Changed

  Comments are the second time the comptroller of the currency has surprised an audience with unexpected remarks on the guidance.

• SEC Amends Definition of 'Smaller Reporting Company' Expanding the Number of Companies Eligible for Reduced Disclosure

  On June 28, 2018, the Securities and Exchange Commission voted to amend the definition of "smaller reporting company" (SRCs) to expand the number of companies eligible to take advantage of the reduced disclosure requirements