The challenges of private fund compliance
We’ve taken a look at 10 compliance concerns for asset managers in the private markets. Some of these issues stem from limited partners’ expectations while others are the natural effect of growth in the private markets and heightened scrutiny from the U.S. Securities and Exchange Commission (SEC).
Firms have traditionally relied on compendium and manpower to manage their compliance-related tasks, but these strategies can’t keep up. Ballooning legal workloads require a new approach. Now more than ever, private fund managers need innovative legal tech solutions and proactive processes to manage contractual obligations and regulatory compliance.Download our guide to learn:
- The current pressures facing private fund managers.
- The importance of contract compliance management in light of the SEC's focus on private fund managers.
- How to boost compliance efforts with purpose-built, human-in-the-loop technology.