Institutional Investor Quotes Asset Management Partner George Raine on the SEC’s Fund of Fund Rules
The SEC has relaxed rules for certain funds-of-funds, or investment pools that allocate capital to externally managed funds, lifting limits on how much they can invest. An Oct. 7 article published by Institutional Investor titled “The SEC Relaxed Fund-of-Funds Rules for Certain Investors. Here’s How” includes remarks from asset management partner George Raine and cites a May 2019 Ropes & Gray comment letter to the Commission.