Regulatory
Regulatory news for fund managers and LPs: SEC exam priorities, enforcement actions, Advisers Act rule changes, private fund adviser regulation, Investment Company Act exemptions, and cross-border compliance developments.
StepStone Boulder II Equity, L.P. Files Under Investment Company Act Section 3(c)(7)
StepStone Boulder II Equity, L.P. submitted a SEC EDGAR filing on April 2, 2026, related to Item 3C.7 of the Investment Company Act.
StepStone Boulder II Equity S, L.P. Files Under Investment Company Act Section 3(c)(7)
StepStone Boulder II Equity S, L.P. submitted a SEC filing on April 2, 2026, related to Section 3(c)(7) of the Investment Company Act.
VC Firm Fined $216 Million for Business with Sanctioned Russian Oligarch
A venture capital firm faces a $216 million fine from the US government for alleged dealings with a sanctioned Russian oligarch, as detailed in a Venture Capital Journal article.
VC Firm Fined $216M for Alleged Sanctions Breach
A VC firm was fined $216 million by the US government for allegedly doing business with a sanctioned Russian oligarch, as detailed in a Venture Capital Journal article.
BCA Select, LLC Files Under Section 3(c)(7) of Investment Company Act
D/A - BCA Select, LLC - Series 3 - Junto Capital Partners filed a document under Section 3(c)(7) on April 2, 2026, as per SEC EDGAR records.
Mill Hill Structured Credit Opportunities Fund LP Files Under Investment Company Act
Mill Hill Structured Credit Opportunities Fund LP filed a document with the SEC on April 2, 2026, relating to Investment Company Act Section 3(c)(7).
Swift Street Capital Fund I, LP Files SEC Form for Investment Company Act Exemption
Swift Street Capital Fund I, LP filed a SEC EDGAR form on April 2, 2026, citing Section 3(c)(1) of the Investment Company Act.
BCA Select, LLC Series 3 Files Under Section 3(c)(7)
BCA Select, LLC - Series 3 - Junto Capital Partners filed a SEC document on April 2, 2026, related to Investment Company Act Section 3(c)(7).
Mill Hill Fund Files for Section 3(c)(7) Exemption on SEC EDGAR
Mill Hill Structured Credit Opportunities Fund LP filed a Form D/A on April 2, 2026, claiming exemption under Section 3(c)(7) of the Investment Company Act, as per SEC EDGAR records.
Mill Hill Structured Credit Opportunities Fund Ltd. Files Under Investment Company Act Section 3(c)(7)
Mill Hill Structured Credit Opportunities Fund Ltd. filed a document on April 2, 2026, related to Section 3(c)(7) of the Investment Company Act.
Woodworth Contrarian Fund Files Under Investment Company Act Section 3(c)(1)
Woodworth Contrarian Stock & Bond Fund, L.P. filed a document with SEC EDGAR on April 2, 2026, under Item 3C for Section 3(c)(1) of the Investment Company Act.
BoE Governor Bailey Warns of Private Credit Risks Echoing 2008
Bank of England Governor Andrew Bailey cautions that private credit sector failures could amplify shocks similar to 2008, citing market opacity and recent collapses.
US Treasury to Hold Discussions on Private Credit Risks
The US Treasury is convening regulators to assess vulnerabilities in private credit markets following recent sector turbulence.
US Treasury to Hold Meetings on Private Credit Risks
The US Treasury is convening regulators to assess vulnerabilities in private credit markets amid recent sector turbulence.
Ares Pathfinder Fund III Files for Section 3(c)(7) Exemption
Ares Pathfinder Fund III (Offshore) LP submitted a SEC filing on April 1, 2026, under Investment Company Act Section 3(c)(7).
Ares Pathfinder Fund III Files SEC Document for Section 3(c)(7)
Ares Pathfinder Fund III (Offshore) LP filed a SEC document on April 1, 2026, related to Investment Company Act Section 3(c)(7).
Blackstone Energy Transition Partners V L.P. Files SEC Document on Section 3(c)(7)
Blackstone Energy Transition Partners V L.P. submitted a filing to the SEC on April 1, 2026, referencing Section 3(c)(7) of the Investment Company Act.
Blackstone Energy Transition Partners V L.P. Files SEC Form for Section 3(c)(7)
Blackstone Energy Transition Partners V L.P. filed a SEC EDGAR document on April 1, 2026, related to Investment Company Act Section 3(c)(7).
TCW Transform Systems Private Fund Files SEC Document on Section 3(c)(7)
TCW Transform Systems Private Fund, L.P. filed a SEC document on April 1, 2026, related to Item 3C.7 under the Investment Company Act.
TCW Transform Systems Private Fund Files Under Section 3(c)(7)
TCW Transform Systems Private Fund, L.P. filed a SEC document on April 1, 2026, citing Section 3(c)(7) of the Investment Company Act.
Crow Holdings Realty Partners XI-A Files Form D with SEC
Crow Holdings Realty Partners XI-A, L.P. filed a Form D on April 1, 2026, claiming exemptions under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act.
Crow Holdings Realty Partners XI-B Files Form D with SEC
Crow Holdings Realty Partners XI-B, L.P. filed a Form D on April 1, 2026, claiming exemptions under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act.
Crow Holdings Realty Partners XI Files Form D with SEC
Crow Holdings Realty Partners XI, L.P. filed a Form D on April 1, 2026, claiming exemptions under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act.
D/A - Ventures II, LP Files Form D/A for Section 3(c)(7) Exemption
D/A - Ventures II, LP submitted a Form D/A to the SEC on April 1, 2026, detailing reliance on Section 3(c)(7) of the Investment Company Act.
D/A - Ventures II, LP Files SEC Document Under Section 3(c)(7)
D/A - Ventures II, LP, with CIK 0002017194, filed a document on April 1, 2026, related to Section 3(c)(7) of the Investment Company Act.
3G Capital Partners L.P. Files SEC Document on Investment Company Act Section 3(c)(1)
3G Capital Partners L.P. submitted a filing to the SEC on April 1, 2026, related to Section 3(c)(1) of the Investment Company Act.
Blackstone Energy Transition Partners V - B L.P. Files SEC Document on Investment Act
Blackstone Energy Transition Partners V - B L.P. submitted a filing to the SEC on April 1, 2026, related to Section 3(c)(7) of the Investment Company Act.
Blackstone Energy Transition Partners V Files SEC Exemption
Blackstone Energy Transition Partners V - BL L.P. filed a document under the Investment Company Act Section 3(c)(7) on April 1, 2026, as per SEC EDGAR records.
D - Pulse Co-Investment LP Files Under Investment Company Act Section 3(c)(7)
D - Pulse Co-Investment LP filed a document with SEC EDGAR on April 1, 2026, referencing Item 3C.7 of the Investment Company Act.
Theta Flux Capital Fund LLC Files SEC Exemption Notice
D - Theta Flux Capital Fund, LLC filed a notice with the SEC on April 1, 2026, under Section 3(c)(1) of the Investment Company Act.
Blackstone Energy Transition Partners V Files SEC Form for Section 3(c)(7)
Blackstone Energy Transition Partners V - BL L.P. filed a SEC EDGAR document on April 1, 2026, under Item 3C for Section 3(c)(7) of the Investment Company Act.
D - Pulse Co-Investment LP Files SEC Form for Section 3(c)(7)
D - Pulse Co-Investment LP submitted a SEC EDGAR filing on April 1, 2026, related to Section 3(c)(7) of the Investment Company Act.
Theta Flux Capital Fund LLC Files SEC Form D
Theta Flux Capital Fund LLC filed a Form D on April 1, 2026, under Item 3C claiming exemption under Section 3(c)(1) of the Investment Company Act.
TinySeed Fund 3A, LP Files Under Investment Company Act Section 3(c)(1)
TinySeed Fund 3A, LP filed a SEC document on April 1, 2026, related to Section 3(c)(1) of the Investment Company Act, as per official records.
TinySeed Fund 3B, LP Files Under Investment Company Act Section 3(c)(7)
TinySeed Fund 3B, LP submitted a SEC filing on April 1, 2026, related to Section 3(c)(7) of the Investment Company Act.
Align Fund 2, LP Files SEC Document on Investment Company Act
Align Fund 2, LP submitted a filing to the SEC on April 1, 2026, referencing Section 3(c)(1) of the Investment Company Act.
Align Fund 2, LP Files Under Investment Company Act Section 3(c)(1)
Align Fund 2, LP submitted a SEC filing on April 1, 2026, invoking Section 3(c)(1) of the Investment Company Act.
Asta Capital Partners II LP Files Under Investment Company Act Section 3(c)(1)
Asta Capital Partners II LP submitted a SEC filing on April 1, 2026, related to Section 3(c)(1) of the Investment Company Act.
Royal Lane Holdings, LLC Files SEC Document on April 1, 2026
Royal Lane Holdings, LLC submitted a filing to the SEC on April 1, 2026, with a size of 5 KB, as recorded in EDGAR.
Sixth Street TAO Partners Files SEC Form for Section 3(c)(7)
D - Sixth Street TAO Partners (H), L.P. filed a SEC EDGAR document on April 1, 2026, related to Investment Company Act Section 3(c)(7).
Sixth Street TAO Partners Files Under Section 3(c)(7)
Sixth Street TAO Partners (H), L.P. filed a document with the SEC on April 1, 2026, under Item 3C.7 of the Investment Company Act.
WTC Multi Strategy Fund Offshore Files SEC Document on Investment Company Act
D/A - WTC Multi Strategy Fund Offshore, LLC filed a SEC document on April 1, 2026, citing Investment Company Act Section 3(c) and Section 3(c)(7).
Aubrey GEMs Partners LP Files Form D/A for Section 3(c)(1) Exemption
Aubrey GEMs Partners LP submitted a Form D/A filing on April 1, 2026, citing Section 3(c)(1) of the Investment Company Act.
Aubrey GEMs Partners LP Files Under Investment Company Act Section 3(c)(1)
Aubrey GEMs Partners LP submitted a SEC filing on April 1, 2026, under Item 3C.1 of the Investment Company Act.
Infinitas Capital SPV XXX Files SEC Document
Infinitas Capital SPV XXX, a series of Infinitas Capital Master LLC, filed a document with the SEC on April 1, 2026.
Ithaka Infra Fund III Files for Investment Company Act Exemptions
Ithaka Infra Fund III, F.C.R., filed a document with SEC EDGAR on April 1, 2026, claiming exemptions under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act.
Ithaka Infra Fund III Files for SEC Exemptions Under Investment Company Act
Ithaka Infra Fund III, F.C.R., filed a notice with the SEC on April 1, 2026, claiming exemptions under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act.
MPC IL River Edge Fund LLC Files SEC Document
MPC IL River Edge Fund LLC, with CIK 0001866277, submitted a filing to the SEC on April 1, 2026, according to EDGAR records.
Congress Inquires into Private Credit Operations of Firms Like Blackstone and Ares
Democratic members of the House Financial Services Committee have sent inquiries to major private credit managers including Blackstone, Ares, and KKR about their fund operations.
Everview Residential Finance Holdings B, L.P. Files for Investment Act Exemptions
Everview Residential Finance Holdings B, L.P. filed a document on March 31, 2026, claiming exemptions under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act.
