New Private Funds Report Reviews 2015 and Looks Ahead to 2016
Proskauer has released the 2015 Proskauer Annual Review and Outlook for Hedge, Private Equity and Other Private Funds. The 88-page report is a summary of significant legal changes and developments in the private funds space during 2015, as well as a source of recommended practices for investment advisers to consider as they prepare for 2016.
The report covers extensive ground. It discusses developments concerning the Securities and Exchange Commission in a number of areas, notably examinations, enforcement and whistleblowing. Among its many sections are those focusing on cybersecurity, taxation, employment law — including the classification of unpaid interns, which generated groundbreaking court decisions in 2015 — and regulatory updates specific to the European Union, the UK, China and Hong Kong.
In addition to the overall review and outlook, the report includes a robust compliance review and description of 2016 filing requirements in numerous areas.