In a recent speech to the Institutional Limited Partners Association, United States Securities and Exchange Commission (SEC) Chair Gensler outlined five priorities for private funds:
- Fees and expenses transparency
- Side letters transparency
- Performance metrics
- Fiduciary duties and conflicts of interest
- Form PF updates
Listen as Matt Giordano, deputy practice leader for the KPMG Public Investment Management Practice, and Igor Rozenblit, Founder of Iron Road Partners, discuss how this could potentially impact the industry.