March, 2022

Allocators Want Access to Top Startups Without All the Competition. Venture Debt May Be the Answer

March 29, 2022

Institutional Investor, by Alicia McElhaney – Amid a hotly competitive market, there may be a better way for asset owners to tap into popular startups — without vying for access to the top venture capital managers.  Venture debt is a burgeoning section of the market which has long been dominated by just a few players. That is now changing, according to Zack Ellison, chief investment officer at venture debt firm Applied Real Intelligence. Read more…

Hedge Fund Association Welcomes Industry Leader TriNet to Global Thought Leadership Council

March 22, 2022

The Hedge Fund Association (“HFA”), a leading international nonprofit trade and nonpartisan lobbying organization, is pleased to announce the addition of TriNet as a new Global Thought Leadership Council sponsor, and the annual renewals of Citrin Cooperman and UMB Fund Services.

The HFA’s initial response to the SEC’s request for comments regarding its Amendments to Form PF

March 22, 2022

The HFA’s initial response to the U.S. Securities and Exchange Commission’s request for comments regarding its Amendments to Form PF for Large Private Equity Advisers and Large Liquidity Fund Advisers.

Read the comment letter here.

The K-2 and K-3 Saga Continues

March 14, 2022

Citrin Cooperman: International tax information reporting for tax year 2021 adds two new schedules, K-2 and K-3, for pass-through entity tax returns. These schedules were originally intended to only address reporting of items of international tax relevance; however, the new instructions issued in January 2022 required the inclusion of Schedules K-2 and K-3 in many, if not all, pass-through entity returns. Read more…

SEC proposes cybersecurity rules, incident disclosure for investment funds and advisors

March 1, 2022

CohnReznick – The SEC has proposed new rules that would require investment funds and advisors to implement written cybersecurity programs that address mounting cybersecurity risks. The rules, if passed, would also require funds and advisors to publicly report “significant” security incidents and provide documentation of cybersecurity risks. Read more…