The SEC has recently announced a new regulatory framework for managers of Private Funds (including venture capital funds, private equity funds, hedge funds and more).
This new framework has significant impact on Israeli fund managers, In particular, if such managers have presence in the US or US investors (limited partners who are US persons).
We are pleased to present a memorandum co-authored by Dr. Ayal Shenhav, Chairman and Co-Head of the International and Hi-Tech Practice and by Amy Caiazza and Marc Foster of Fintech & Financial Services from Wilson Sonsini Goodrich & Rosati.