Changes to the Investment Advisers Act brought on by the Dodd-Frank Wall Street Reform and Consumer Protection Act led to a dramatic increase in the number of private equity firms required to register as investment advisers with the U.S. Securities and Exchange Commission. At the same time, the SEC stepped up its enforcement efforts against private equity firms as part of a “broken windows” approach to policing their activity.
In the course of these enhanced enforcement activities, the SEC has highlighted key governance issues commonly faced by investment managers, which include investment and expense allocations, co-investments, fee arrangements, and political contributions.
This course, led by Mark Proctor and Robert Seber, two partners in Vinson & Elkins’ private equity and investment management practice, identifies key fund governance issues, as highlighted by the SEC, and offers practical guidance to consider in structuring investment funds and operating investment management businesses.
Identify key SEC settlements in the last 5 years that impact the area of fund governance
Grasp the key fund governance issues that were highlighted in these settlements
Discuss governance changes that have been or should be implemented by managers in response to these settlements
Robert’s principal areas of practice are private equity and privately negotiated mergers and acquisitions. He has represented numerous investment funds and corporate clients in different sectors of the energy industry and a wide spectrum of other industries, including technology and financial services. Robert’s extensive private equity experience covers the full transactional cycle of investment funds, ranging from fund formation to acquisitions, recapitalizations, minority investments, complex equity arrangements, and exits. He teaches classes on “Oil and Gas Law and Governance” and “Energy Deals" at New York University.
Should consider making this a 1.5 credit (1 1/2 hour course so there is more time to get through the cases. Obviously that will be driven by the number of new noteworthy cases.
Very helpful. Thank you.
Excellent. Interesting and clear!
Very good presentation. Good content.
Best one I have watched so far. Excellent!
Well done. Covered a lot and nicely. Written materials were helpful as well.
It is good to have investment management related courses.
Good, substantive presentation. Case studies excellent.
Well done program. It communicated good and useful content in a specific area.
Helpful and interesting material. Love Robert’s accent!
Very thorough & informative!
Very informative and topical
Firmly conceived, crisply told, crowded with content. Impressive level of detail in the twosome’s presentation as well as the companion slides peppered with notable cases and harmoniously sprinkled key takeaways. Helpful in advancing an understanding of the topic. Turns on a light bulb in the program participant’s head illuminating this issue in a way that inspires one to look at it anew.