"The Securities and Exchange Commission (SEC) has adopted new rules and amendments on August 23, 2023, to the Investment Advisers Act of 1940, which will impact private fund advisers in the US. The SEC has done it with an intent to enable increased transparency, efficiency, and competition in the private funds market, however, certain participants of the industry have filed a suit against the amendments citing that this is beyond the jurisdiction of SEC"
Sameer Vaish and Aman Goyal
Corporate and Investment Banking LoB
Evalueserve partners with private equity funds on every step of the fund lifecycle, including fund accounting, reporting, and valuation support to help managers focus on critical matters. Our expert research professionals currently work with leading private equity firms to create a significant impact on their investment process. We also work with portfolio companies for certain ad-hoc requirements helping them devise their growth strategies. We are partnering with our clients to assist them with the implementation of these rules and ensuring there are processes in place to facilitate compliance.