In the News

Marketing Rule FAQ Clarifies SEC Expectations for Calculating Net and Gross IRR When Using Subscription Credit Facilities, Private Equity Law Report

Thursday, April 4, 2024

Despite the US Securities and Exchange Commission’s (SEC’s) Marketing Rule going into effect nearly one and a half years ago, many questions still persist within the private funds industry, writes the Private Equity Law Report (PELR) in a recent article about the SEC updating an FAQ document in lieu of issuing comprehensive guidance.

Partner Christine Schleppegrell spoke with PELR about some of the key takeaways from the FAQ for private fund advisers.

Read the full Private Equity Law Report article >>
Subscription may be required.