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David Blass Quoted in Fund Directions on SEC Chairman Paul Atkins’ Tenure to Date
Partner David Blass was quoted in a Fund Directions article, which discussed the continued focus of the SEC on private market opportunities for individual investors one year into Paul Atkins’ tenure as chairman of the agency. In providing insight on specific actions that have been taken, David noted that the SEC eliminated a staff-imposed 15% limit on closed-end funds’ investment in private-market funds and overhauled an exemptive order dealing with registered fund co-investments. He said, “These and others serve to implement [Atkins’] stated priority…to promote greater access to private markets investments, where much of the value is created in U.S. businesses.”
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