Do you accelerate monitoring fees? Don’t say you ‘may’ in your Form ADV.

SEC, Jina Choi, private equity
  • SEC wants definitive disclosure about routine business practices
  • The word “may” not always appropriate
  • GPs should analyze whether use of “may” is appropriate
Add to the list of things buyout executives should worry about to avoid running afoul of the SEC. If your firm, say, routinely accelerates monitoring fees — a practice that rubs many investors the wrong way —don’t just say you “may” do ...

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.

Digital Edition


To read a digital copy of our latest magazine

click here

PE News Briefs