Private equity and hedge fund managers impacted along with state public pension plans

Effective Jan. 1, 2017, California’s newly enacted “fee disclosure law” will significantly increase fee disclosure compliance requirements on state public pension (SPP) plans, as well as the private equity and hedge fund managers that seek their capital. The disclosure requirements are extensive in scope and very granular within certain provisions. Below are questions and answers explaining the impact of the legislation on alternative fund managers.

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