Initial Observations Regarding COVID-19’s Impact on Venture Capital Fund Raising

As much of the world shelters in place, nearly every client conversation we have with our venture capital fund clients comes around to some version of the questions “what are you seeing” and “will all of this impact our fund raising plans”.  We acknowledge the lack of clarity, at present, […]

SEC Relaxes Conditions of Form ADV Filing Extension

In response to the developing COVID-19 situation, on March 25, 2020 the SEC issued a new order to relax certain conditions contained in a previous order issued March 13, 2020 applicable to Exempt Reporting Advisers (“ERAs”) and Registered Investment Advisers (“RIAs”) who need more time to file annual amendments to […]

SEC Extension of FORM ADV Amendment Deadline

In response to the coronavirus disease COVID 19, the SEC has provided a conditional extension of the March 30, 2020 deadline for annual amendments to Form ADV. The extension applies to both Exempt Reporting Advisers (“ERAs”) and Registered Investment Advisers (“RIAs”).  RIAs’ brochure delivery and updating deadlines have also been […]

Q4 2019 Quarterly VC Update: Nisa Leung on the State of Venture Capital Investing

In conjunction with our Q4 Venture Financing Report, I sat down with Nisa Leung from Qiming Venture Partners to get her take on the state of venture capital investing. It is worth acknowledging that at the time of drafting the interview questions, coronavirus was just beginning to appear in China. By the time […]

Cayman Update: Private Funds Law 2020 Requires VCs to Register

Update: On July 7, 2020, the Cayman Islands Government amended the Private Funds Law 2020 and expanded the definition of a “private fund”.  As a consequence, a few types of entities (such as “single investment funds” and “no fee no carry funds”) that were expected to be excluded from the […]