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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...