ACA recently closed its eleventh survey in a series that focuses on the novel and complex issues facing of hedge fund and illiquid fund (e.g., private equity, real estate, venture, infrastructure) managers compliance professionals. We are pleased to report receiving 220 responses! The information we collected will be reviewed during our "Discussion of Results: 2018 Compliance Survey for Alternative Fund Managers webcast.” Please join us for this event on Thursday, October 11, 2018
, from 2 p.m. to 3:15 p.m. EST
.The webcast presenters, Colleen Marencik and Tessa Carbone of ACA Compliance Group, will analyze issues raised in the survey. These include the following topics:
- Fees and Expenses – This portion of the webcast focuses on the types of expenses charged to private funds, the income received by fund managers and any associated management fee offsets, the controls, policies, and procedures related to fund expenses, and policies and procedures related to the calculation and deduction of management and incentive fees.
- Controls Related to the Receipt of Material Nonpublic Information – Colleen and Tessa will discuss information barriers, restricted lists, interaction with industry experts and consultants, corporate access, and training.
- Custody and Safekeeping of Client Assets – This discussion centers on compliance with the GAAP audit requirement for private funds and any SPV or co-investment vehicles, and capital control and reconciliation best practices.
Survey participants may attend this webcast free of charge. To access the event at no fee, please be sure to use the code you received after completing the survey.
Individuals who did not participate in the survey are welcome to attend the webcast. The fee to attend is $225. This webcast is not eligible for the C3 client discount code. Please contact firstname.lastname@example.org for more details.