Since the enactment of the Investment Company Act[1] 85 years ago, the asset management industry has grown from $2 billion in assets[2] to more than $39 trillion in assets.[3] Under existing Securities and Exchange Commission (“SEC”) rules, retail investors and lesser-capitalized institutions who do not qualify as accredited investors[4] or qualified purchasers[5] are almost shut… The post SEC Could Broaden Path to Private Equity Fund of Funds Investment appeared first on DarrowEverett ...
