Blog

SEC Expense Misallocation Actions of 2017

SEC Expense Misallocation Actions of 2017

The Securities and Exchange Commission (“SEC”) continues to aggressively pursue expense allocation charges against private equity and hedge fund managers. The agency has publicly settled three misallocation enforcement actions in the past few months netting over $2...

3 Reasons to Invest in Expense Allocation

3 Reasons to Invest in Expense Allocation

Profits are shrinking and investment managers are starting to look closer at the cost side of the profit equation. Efficiency is the goal and cries for better back office technology are finally being heard, and nowhere louder than in accounts payable. When thinking of...

Spear Phishing Risks to Hedge Funds: A Case Study

Spear Phishing Risks to Hedge Funds: A Case Study

Hedge fund Tillage Commodities filed a lawsuit last September alleging its fund administrator ignored its own security protocols when it fell for a spear phishing attack and inadvertently wired millions of dollars out of Tillage’s accounts. The fund admin has...

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!