Dechert LLP

08/12/2020 | Press release | Distributed by Public on 08/10/2020 18:16

Private Funds Nuts and Bolts: Recent Volcker Rule Reforms – New...

The Federal Reserve, OCC, FDIC, SEC and CFTC recently finalized their reforms to the Volcker Rule regulations relating to hedge funds and private equity funds, so-called 'covered funds.' Among other reforms, the final rule established new exclusions from the definition of covered fund for certain credit funds, venture capital funds, family wealth management vehicles and customer facilitation vehicles. In this webinar, David Harris, Russel Perkins and Bobby Rhatigan will review the scope of, and conditions applicable to, these new exclusions and discuss the business opportunities presented for private fund managers, whether or not affiliated with a bank or bank holding company.