Month: April 2026
AI Policy for Fund Managers
Fund managers encounter AI tools everywhere, including in research workflows, communications, marketing, portfolio monitoring and compliance. If your firm uses AI in any meaningful way and doesn’t have a written policy, that gap may be showing up in due diligence questionnaires (DDQs), examinations or the firm’s own operations when something […]
California’s SB 1319: What Alternative Fund Managers Should Know
Fund managers with California public pension investors should be tracking Senate Bill 1319, which is making its way through legislative committees. If enacted, it would increase the burden on California public pensions to disclose greater proprietary and confidential information than is required under current law.
AI Notetakers and the Books and Records Rule: What Registered Advisers Actually Need to Think About
AI notetakers are everywhere. The conversation about whether and how to use them – from consent obligations and confidentiality risks to which platforms are appropriate for business use – is already well underway. This post is narrower and examines what Rule 204-2 under the Investment Advisers Act of 1940 – […]
Form ADV Peer Benchmarking: The View You Don’t Get From Your Own Brochure
Why disclosure looks different when viewed across the market Annual Form ADV amendments are in. For most registered advisers, the brochure is updated, the filing is done, and attention has already moved on. But your disclosure hasn’t stopped being read. Somewhere it is already being evaluated against a peer set. […]