SEC enforcement: fees and expenses

Actions taken against fund managers by the SEC typically targeted the largest private equity funds, to grab attention.

Since these actions began popping up, private equity firms have been more vigilant about their compliance procedures, such as fee allocations and offsets.

Watch the video to hear what Tom Angell, practice leader of private equity and venture capital practice at WithumSmith&Brown, has to say about the implications of these actions for the industry.

Next week: Angell discusses how the private equity industry has responded to the regulator’s actions on fees and expenses.