KirklandPEN Kirkland & Ellis LLP

Private Equity Newsletter - December 11, 2017

This issue includes the article, "Private Fund Manager Settles with SEC for Alleged Compliance Failures Involving Employee Sharing Confidential Information with Spouse," which discusses a recent SEC settlement that serves as a reminder that an investment adviser's duty to supervise includes taking "sufficient," and not just any, steps to prevent the recurrence of violations of compliance policies and procedures.