WilmerHale Webinar: Contribution Caution: Mitigating Risks From Pay-To-Play

Partners Benjamin Neaderland and Matthew Chambers and Senior Associate April Elliott discuss the importance of compliance with Investment Adviser Act Rule 206(4)-5 when managers of venture capital, private equity and hedge funds have public pension fund investors in their fund. Discussion includes steps that investment advisers should take to put policies, procedures and controls in place to avoid violations of the rule, and address possible remedies once a violation has occurred.