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SEC warns LPs to beware PE firms mismanaging fees, violating ethical code in wide-ranging Risk Alert

LPs have been warned by the US SEC to beware of private equity firms mismanaging fees, failing to disclose conflicts of interest and violating its Code of Ethics in a wide-ranging Risk Alert.

Dyal said to near $1bn loan against PE firms in its portfolio to pay investor dividend

Dyal Capital, one of the biggest investment firms focused on buying stakes in private equity houses, is reportedly nearing a $1bn loan made against the fee income of the buyout houses it backs in order

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