SEC Expense Allocation Actions of 2018
Despite consistent warnings from the Securities and Exchange Commission since 2012, alternative investment advisors continue to misallocate expenses in violation of their fund agreements and the Advisors Act of 1940. Last year the commission publicly settled four...
IntegriDATA Shortlisted for 2019 Asset Management Technology and Service Awards
IntegriDATA has been shortlisted at four 2019 US Technology and Service Awards across nine categories. The annual awards honor technology and service providers serving the asset management industry that demonstrated exceptional customer service and innovative product...
SEC Risk Alert: Expense Allocation
The SEC issued a Risk Alert identifying expense misallocation as one of the most widespread compliance problems facing private equity and hedge fund managers. The SEC’s objective in issuing the Risk Alert was “to encourage advisors to assess their [practices] to...
Read IntegriDATA’s Article at AlphaWeek
Read IntegriDATA's article at AlphaWeek on private equity expense allocation. Expense Allocation: SEC Warns, Private Equity Should Listen In February, the SEC once again listed expense allocation as a compliance exam priority. Three months later, it reiterated its...
Read IntegriDATA’s Op-Ed at HFM Technology
Read IntegriDATA's Op-Ed at HFM Technology on hedge fund expense allocation. The avoidable mistake The spotlight is on PE for now, but hedge funds must recognise manual expense allocation as an operational problem After $41 million in expense misallocation penalties,...
IntegriDATA CEO Profiled in PE Hub Buyouts
Mitch Schulman, CEO of IntegriDATA, was profiled in PE Hub Buyouts Need to Meet column. Read the article here.