Fund sponsors often engage investment banking or placement firms to help raise capital or generate deal flow for their funds. In exchange, the sponsor may offer a cash fee, a piece of the sponsor’s carried interest, equity in the applicable portfolio company, or some other form of compensation. Many sponsors and advisors are unaware that these activities can trigger broker-dealer registration requirements under federal and state law. The registration process is cumbersome and expensive, but the unregistered status of a firm that engages in such activities can create serious ...
We use cookies on this site to enable your digital experience. Please see our Privacy Policy.
Cookie Preference Center
Your Privacy
When you visit our website, we use cookies on your browser to collect information. The information collected might relate to you, your preferences or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. For more information about how we use cookies, please see our Privacy Policy.
Strictly Necessary Cookies
Always Active
Necessary cookies enable core functionality such as security, network management and accessibility. These cookies may only be disabled by changing your browser settings, but this may affect how the website functions.
Functional Cookies
Always Active
Some functions of the site require remembering user choices, for example your cookie preference or keyword search highlighting. These do not store any personal information.
Form Submissions
Always Active
When submitting your data, for example on a contact form or event registration, a cookie might be used to monitor the state of your submission across pages.
Performance Cookies
Performance cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.
