Worldwide: Investment Strategy

The U.S. Department of Labor has issued a proposed regulation addressing ERISA fiduciary duties when selecting investment alternatives for 401(k) plans, with particular focus on facilitating the inclusion of alternative assets like crypto, private equity, and real estate. The proposal establishes a process-based safe harbor framework that identifies six key factors for fiduciary consideration, reinforcing ERISA's emphasis on prudent process over investment outcomes. What implications will this guidance have

SAFEs have become a popular fundraising mechanism for early-stage startups, but their seemingly straightforward structure masks complex conversion mechanics that can lead to unexpected dilution for founders and uncertain outcomes for investors. Understanding the four primary SAFE variants—valuation cap, discount rate, combination, and most favored nation—along with their mathematical implications is essential for both parties before agreeing to terms.

Private markets and closed-end interval funds have seen significant expansion, with the SEC's Investor Advisory Committee endorsing registered interval funds as an optimal vehicle for retail investors seeking private market exposure.

For Outlander VC, people are the most critical factor in a startup's success. That founder-first philosophy shapes every investment decision the company makes.

California's new Fair Investment Practices by Venture Capital Companies Law (FIPVCC) is shaking up the Venture Capital (VC) industry with its first compliance deadlines right around the corner.

Massachusetts proposed amendments to the regulations that govern skilled nursing facilities (SNFs). Here is what operators, real property owners, and investors need to know as they acquire facilities...

Leaders don't want more dashboards; they want proof that marketing spend drives revenue and profit.

Last month, the Office of Information and Regulatory Affairs published its semi-annual "Unified Agenda of Regulatory and Deregulatory Actions" of various federal agencies...

The use of separately managed accounts (SMAs) to access hedge fund strategies has grown materially in recent years.