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CALIFORNIA CORPORATE & SECURITIES LAW

SEC Staff Reports On “Real Estate Funds”, But What Exactly Are They?

Yesterday, the SEC staff announced that it had published a suite of new data and analyses of private fund statistics and trends.  These data include information with respect to “real estate funds”.  But what exactly is a “real estate fund”?  The answer is more than just a little arcane. The SEC gathers the data from Form PFs.  You are required…

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Hedge Fund Advertising – What’s The Wall Street Journal Talking About?

Last week, the Wall Street Journal published an article stating: “The JOBS Act, signed by President Obama on April 5, lifted a decades-old restriction on how hedge funds can go after new investors, clearing the way for managers to speak more publicly about their strategies and performance and even to advertise.” Later, a WSJ blog asserted:…

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