On August 23rd, the SEC adopted significant new rules for private fund advisors. These rules address fund compliance, reporting, management, accounting, valuation, and engagement with LP’s and investors (Final rule: […]
Carried interest is an ideal estate planning asset for fund owners and GPs, given its appreciation potential. There are severalaccepted best practices for estate planning when it comes to carried
On August 23, 2023 the Securities and Exchange Commission (“SEC”) voted to adopt new rules and amendments under the Investment Adviser Act of 1940 (the “Advisers Act”).1 Under the new
FASB Removes the Goodwill Project from its Active Agenda After four years of research and stakeholder feedback, the Financial Accounting Standards Board (FASB) decided to remove the project for changes
As the tax deadline has just passed, it is a good time to reinforce our understanding of the primary tax benefits of employee stock ownership plans, for Empire (the plan
