Form PF Could Have Been Worse, Lawyers Say

By Steve Bills — 4 years ago

The latest regulatory requirement for buyout shops appears not to be as onerous as the industry had feared, lawyers who work with private equity firms told sister publication Buyouts Thursday. Smaller registered private equity firms will be required to provide only limited information regarding size, leverage, investor types and concentration, liquidity, and fund performance. For […]


Why Did Austin Ventures Hire A Chief Compliance Officer?

By David M. Toll — 4 years ago

It was the sigh of relief heard ‘round the PE world last summer, when Congress exempted venture firms from having to register with the SEC as investment advisers. So why did Austin Ventures announce today that it has hired a general counsel and chief compliance officer? Kim Hughes, director of communications at Austin Ventures, wasn’t […]


Registration To Cost PE Firms Close To $1B This Year–Commenter

By David M. Toll — 5 years ago

The full cost of having to register as investment advisers has really started to sink in with buyout shops. Olympus Partners puts the figure for itself at $500,000 to $600,000 by late spring, not counting annual costs beyond (see other estimates below). Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, buyout firms with […]