McDermott Will & Schulte, a global law firm

Schulte Roth & Zabel partners Allison Scher Bernbach, Jennifer Dunn, Kelly Koscuiszka and Tony Taylor were quoted in Lydia Tomkiw’s recent FundFire article, “Hedge Funds Zero In on Side Letters, Preferential Treatment with SEC Private Funds Rule,” discussing the SEC’s new Private Fund Adviser Rules.

The Schulte team explained how the rules — the most sweeping revisions to private fund regulations since the 2010 Dodd-Frank Act — will impact funds, affecting preferential treatment disclosures and side letters, and introducing new requirements, including quarterly reporting, among other things.