Recognized as one of the most active and highly regarded investment management practices in the United States, our group represents all types of asset managers across the liquidity spectrum, including private equity funds, credit funds, hedge funds, venture capital funds, real estate funds, hybrid funds and family offices. We have successfully raised hundreds of billions of dollars for our clients, who benefit from our extensive market knowledge, industry-leading networking events and strong relationships with all major market participants.
SEC to Consider Extending Private Fund Investment Adviser Registration Deadline to Q1 2012
April 8, 2011
In an April 8th letter addressed to the North American Securities Administrators Association, Robert Plaze, Associate Director of the SEC's Division of Investment Management, indicates that while the SEC intends to complete its final rulemaking implementing the provisions of Title IV of the Dodd-Frank Act by July 21, 2011, Mr. Plaze expects the SEC to extend the date by which private fund advisers must register with the SEC and come into compliance with the obligations of a registered investment adviser until the first quarter of 2012. Similarly, Mr. Plaze indicates in the letter that the SEC is expected to consider extending the date by which mid-sized advisers (certain advisers having between $25 million and $100 million in assets under management) must transition to state regulation.