Registered Funds Alert, January 2019
The latest edition of Simpson Thacher’s Registered Funds Alert discusses: observations, trends and predictions for the year ahead, including: the state of the industry; a highly anticipated concept release exploring options for retail investors to have greater access
to private company investments; the potential ability of a recent SEC no-action letter to spark reforms regarding the increasingly heavy burdens placed on fund boards; and suggested improvements to the SEC’s recent fund of funds rule proposal.