New York-based investment adviser Insight Venture Management LLC has agreed to pay a $1.5 million penalty and and $864,958 in disgorgement and prejudgment interest, to settle Securities and Exchange Commission charges that it charged excess management fees and failed to disclose a conflict of interest to investors relating to its fee calculations. 

A class-action law-suit filed on behalf of investors in Sam Bankman-Fried’s failed cryptocurrency exchange FTX, has accused a number of venture capital and private equity firms, including Sequoia Capital, Thoma Bravo and Paradigm, of hyping the “legitimacy” of the business, according to a report by Bloomberg.

The Alternative Investment Management Association (AIMA), a global representative for the alternative investment industry, and its private credit affiliate, the Alternative Credit Council (ACC), has welcomed the political agreement on the European Long-Term Investment Funds (ELTIF) Regulation confirmed earlier this week. The modernisation of the ELTIF framework will lead to

The Securities and Exchange Commission (SEC) has charged registered investment advisers Hudson Advisors and Lone Star Global Acquisitions for including Hudson’s owner’s anticipated income tax liability as a component of certain fees charged to 14 funds they managed. 

The Competition and Markets Authority (CMA) prohibited three merger & acquisition deals in 2021/22, the highest on record in a single year. The number of blocked deals in 2021/22 equates to 5.5% of all deals reviewed by the CMA that year, says Thomson Reuters.  In the previous decade, the CMA

Private markets managers are failing to provide their clients with the information they need to effectively manage climate risks, according to recent research by Hymans Robertson.  The pensions and financial services consultancy warns that this lack of data has significant implications for both DB and DC pensions schemes’ ability to

Senate Democrats have a provision in forthcoming US climate and tax legislation that would allow the carried rate interest loophole to be closed or at least narrowed, according to a report the New York Times.

The Securities and Exchange Commission has charged New Jersey-based investment adviser Energy Capital Partners Management LP (ECP) with allocating undisclosed, disproportionate expenses to a private equity fund it advises. ECP agreed to pay a $1 million penalty to settle the SEC charges and has voluntarily paid back more than $3.3