The surge of regulatory attention on hedge funds from the Securities and Exchange Commission continues to rise as 2024 approaches.
Asset management partner Sarah Davidoff told FundFire that quarterly reporting as part of the private funds rule is going to be a “big operational heavy lift in terms of the level of granularity of what will need to be included.”
The onslaught of new regulation has created a pivot moment for the hedge fund industry, Sarah said. The regulatory landscape in general is “very nuanced right now and we are not expecting that to change in 2024.”
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