The New SEC Private Fund Adviser Rules: Understanding the Basics

The New SEC Private Fund Adviser Rules: Understanding the Basics The phenomenal growth of private funds There has been a huge increase in assets in private funds over the past five years. The assets under management of private equity funds grew from $2.9 trillion to $6.5 trillion from 2017 to 2022. There are now over 5,500 registered investment advisers with at least one privat...