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Michael Wolitzer and David Blass Quoted in S&P Global Market Intelligence on Impact of SEC Private Fund Rules

09.18.23

Michael Wolitzer, Head of the Firm’s Investment Funds Practice, and Partner David Blass were quoted in an S&P Global Market Intelligence article titled, “Private Equity Industry Weighs Consequences of SEC's Tighter Grip,” which discussed the impact of the SEC’s final private fund adviser rules on the industry. When noting the challenges surrounding interpreting the SEC rules as they currently stand, Michael indicated that until the agency offers additional guidance it may be difficult for fund advisers to make decisions with certainty. David further discussed other rulemaking that might impact private market participants, indicating that the SEC also proposed broad rules governing the use of predictive data analytics to predict the future behavior of markets and investors.

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