The Securities and Exchange Commission’s proposed new rules on GP-led secondaries will subject advisers to additional disclosure requirements about the transactions. Among the new asks? That general partners lay out material business relationships between third parties and their firms. PE firms facing the new requirements should prepare for additional paperwork, while limited partners stand to benefit from additional scrutiny of the relatively obscure transactions.
To read the entire story, you must be logged in.
Please log in now or register with us.
