Month: November 2022

SEC Proposes New Rule and Record-Keeping Requirements for Outsourcing by Registered Investment Advisers

Engaging service providers and outsourcing various functions is a normal part of running an effective business. From the newest emerging managers to the most established ones, venture capital firms and private fund shops regularly rely on service providers to fill various functions, including valuation, accounting, anti-money laundering and “know your […]

Stacey Song and Christine Zhao / November 2, 2022

Funds

Last-Minute Checklist for Private Fund Managers Complying With Marketing Rule

By now, registered investment advisers (RIAs) know that this is their last week to ensure they come into compliance with the “new” marketing rule under the Investment Advisers Act of 1940. While the Securities and Exchange Commission (SEC) adopted amendments to Rule 206(4)-1 (Marketing Rule) on December 22, 2020, with […]

Stacey Song / November 1, 2022

Playground Global

Advised Playground Global, an early-stage, deep-tech venture firm on raising $410 million in new capital

QED Investors

Advised QED Investors, a top global fintech venture capital firm, in its closing of two new funds with combined capital commitments of $925 million

Menlo Ventures

Advised Menlo Ventures, a top venture capital firm, on its close of $1.35 billion in new capital

Foundry

Advised Foundry, a venture capital firm headquartered in Boulder, Colorado, in raising its sixth-generation fund, Foundry 2022, at $500 million

Lux Capital

Advised Lux Capital on the closing of Lux Ventures VIII (Lux 8) at $1.15 billion, its single largest fund to date

Baird Capital

Advised Baird Capital, a manager of two investment platforms, on the final close of its sixth US venture capital fund, with a total of $218 million

01 Advisors

Advised 01 Advisors, a venture capital firm investing primarily in Series B-stage startups, on its $395 million third fund

Bison Ventures

Advised Bison Ventures, a venture capital firm that invests in early-stage frontier technology companies, on the close of its $135 million debut fund

Vision Ridge

Advised Vision Ridge, an alternative asset manager focused on sustainable real assets, on the closing of its SAF Annex Fund at $700 million

Venrock

Advised Venrock on the close of its 10th fund at $650 million

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Month: November 2022

SEC Proposes New Rule and Record-Keeping Requirements for Outsourcing by Registered Investment Advisers

Last-Minute Checklist for Private Fund Managers Complying With Marketing Rule