A legal blog on private funds, startups, and venture capital.
A legal blog on private funds, startups, and venture capital.
By now, most managers of hedge funds, private equity funds, and venture capital funds know that they will be required to either register with the SEC or file Form ADV as a notice filing. But there is an additional…
In any business with multiple owners, there is a good chance that, at some point, one or more of those owners may no longer be affiliated with the company, whether by choice, death, bankruptcy, or divorce. It’s important for business…
After my recent post regarding exemption from investment adviser registration of venture capital funds and small hedge funds, I had a number of people ask me about the status of real estate funds under the new regime. Do the managers…
In recent rule-making, the SEC, at Congress’s behest, has proposed a rule that will increase due diligence requirements for Rule 506 offerings, which are the type of securities offering most frequently used by startups for their seed and angel rounds…
One of the first decisions a small business owner faces is choosing the right form of entity for his or her company. The most popular form of business in recent years is the limited liability company (LLC), because it is…
It is widely known that under the Dodd-Frank Act passed last year, private fund managers with assets under management of $150 million or more will be required to register as investment advisers with the SEC. It’s also widely known that…
