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Pensions & Investments: SEC pares down private funds rule

25 August 2023: Courtney Degen reports on the 'softening' of proposed changes in the rules governing private funds advisers but many in the industry remain concerned. "Holding sophisticated managers to a higher standard than retail-facing mutual funds seems overly bureaucratic." suggests Sussex Partners' CIO Jim Neumann. P&I subscribers can read the full article here.

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