Bhargavi Mudakavi

Apr 29, 2024 | jdsupra.com | Karen Chao |Thomas Howard |Bhargavi Mudakavi

Most funds automatically suspend their investment period when a key person event occurs, but the duration of the suspension varies by asset class. Key persons are investment professionals who are considered indispensable to a fund’s investment activities. The identity and number of key persons depends on a variety of factors, including fund type and size. For example, the key persons at a start-up could be the founders.

Apr 25, 2024 | mondaq.com | Karen Chao |Bhargavi Mudakavi |Thomas Howard |Brian O’Neill

Key persons are investment professionals who are considered indispensable to a fund's investment activities. The identity and number of key persons depends on a variety of factors, including fund type and size. For example, the key persons at a start-up could be the founders. For institutional managers covering multiple asset classes, key persons are more likely to be heads of business lines or managers at a similar level.

Apr 19, 2024 | goodwinlaw.com | Karen Chao |Bhargavi Mudakavi |Thomas Howard

Key persons are investment professionals who are considered indispensable to a fund’s investment activities. The identity and number of key persons depends on a variety of factors, including fund type and size. For example, the key persons at a start-up could be the founders. For institutional managers covering multiple asset classes, key persons are more likely to be heads of business lines or managers at a similar level.

Jul 6, 2023 | mondaq.com | Justin Cornelius |Samantha Coghlan |Andrew Henderson |Bhargavi Mudakavi

Following its August 2022 consultation on the broader retail distribution of interests in a Long Term Asset Fund (LTAF), the FCA published its Policy Statement PS23/7 including final Handbook rules on 29 June 2023. These changes take effect straight away on 3 July 2023 (and for the existing handful of LTAFs, there is a 12 month transitional period which will require compliance by 3 July 2024, or sooner if fund documents are updated).