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Ryan Brizek Quoted in Hedge Fund Law Report on the ‘Retailization’ of Private Funds
08.15.25
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Partner Ryan Brizek was quoted in a Hedge Fund Law Report article titled, “Retailization of Private Funds: Incremental Changes Signal SEC Support (Part One of Two),” which discussed the SEC’s recent actions and public statements signaling a growing interest in allowing more retail investors to have access to private markets investments, its mandate to protect retail investors, recent reforms and experts’ commentary on what those reforms have addressed and failed to address. When discussing how recent regulatory actions have not changed the statutory limits on the types of investors who can purchase a private fund, Ryan explained that “if a fund manager wants to offer a private fund directly to investors who are not QPs or knowledgeable employees, it’s still limited to 100 slots.”
To read the full article, please click here (subscription required).