New York bankruptcy court approves sale of the SVB Securities business for $81m in cash and subordinated debt to Klarman-backed management group.
2 min read · 10 July 2023
An anti-ESG backlash in some US states has created challenges for private markets managers but there are few signs of ESG moving down the priority list elsewhere.
10 min read · 03 July 2023
The regulator said Insight charged excess management fees by inaccurately calculating management fees based on aggregated invested capital at the portfolio company level instead of at the individual portfolio investment security level.
3 min read · 27 June 2023
Industry group is said to be contacting Yellen, Powell, et al to head off redefinition, warning about liquidity in the syndicated market.
3 min read · 13 June 2023
Debt funds require more specialist know-how, accelerating the appeal of service providers
3 min read · 12 June 2023
A US bankruptcy court has allowed for defense costs of current and former directors to be covered by insurance.
2 min read · 06 June 2023
As complexity increases in the asset class, so do the demands of investors and regulators, placing new pressures on fund managers, say Alter Domus’s Greg Myers and AEA’s Andrew Kyung.
7 min read · 06 June 2023
An aggressive landmark ‘uptier exchange’ by mutual funds, despite confusion and talk of perjury, is prevailing.
3 min read · 19 May 2023
New SEC emergency reporting requirement is likely only the beginning of changes.
2 min read · 04 May 2023
