New SEC Rules for Private Funds
Yuliya Oryol spoke on "New SEC Rules for Private Funds" during the 2022 Institutional Limited Partners Association (ILPA) Private Equity Legal Conference that took place October 12-13, 2022 in Arlington, VA.
During this session, Yuliya was joined by Heather Traeger, General Counsel for the Teacher Retirement System of Texas, and Christine Ayako Schleppegrell, Senior Counsel for the U.S. Securities and Exchange Commission. They examined how the proposed SEC rules governing expanded disclosures and a series of prohibitions for private funds may impact fund terms, negotiations and best practices for LPs in the private fund market. These proposed changes could be the most significant to the regulation of private funds since the Dodd-Frank Act and are likely to initiate a measurable shift in the way business is conducted for fund sponsors, advisors and investors.
The ILPA Private Equity Legal Conference provides the opportunity for legal and compliance professionals across ILPA’s diverse geographic reach and LP institutions to meet their peers and learn and discuss trending legal topics in the private equity industry. It is the only conference that unites LP legal professionals across the variety of LP institutions that are our members, including public and private pensions, endowments, foundations, insurers and sovereign funds.