How Will President Obama's Plan Impact Private Fund Managers

June 24, 2009

All managers of hedge funds and other private pools of capital, including private equity and venture capital funds, whose assets under management exceed some "modest threshold," would be required to register with the SEC. Managers would also be required to report information to the SEC on the funds they manage to assess whether they should be further regulated by the Federal Reserve. The President’s plan would broaden SEC authority over all SEC-registered-registered investment advisers. Click here for our recent article published in FINalternatives.