PE’s response to SEC enforcement: video

In the third video of a four-part series on fees and expenses first published by sister publication Private Funds Management, Tom Angell of WithumSmith&Brown outlines how the private equity industry responded to SEC enforcement actions.

In the third video of a four-part series on fees and expenses first published by sister publication Private Funds Management, Tom Angell, practice leader of private equity and venture capital at WithumSmith&Brown, outlines how the private equity industry responded to SEC enforcement actions.
Angell explains how and why private equity firms became more transparent in their fees and expenses disclosures, particularly after the SEC took enforcement action against a number of large fund managers: