Exclusive-US SEC probes popular type of private equity fund as it steps up industry scrutiny, sources say
Key takeaways
- Exclusive-US SEC probes popular type of private equity fund as it steps up industry scrutiny, sources say FILE PHOTO: Signage is seen at the headquarters of the U.S.
- WASHINGTON, June 24 (Reuters) - The U.S.
- In recent months, SEC enforcement staff have homed in on a number of "continuation vehicles," or CVs, said the people, who spoke on condition of anonymity.
Exclusive-US SEC probes popular type of private equity fund as it steps up industry scrutiny, sources say FILE PHOTO: Signage is seen at the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly/File Photo/File Photo · Reuters By Chris Prentice, Dawn Kopecki and Isla Binnie Wed, June 24, 2026 at 5:13 PM GMT+7 4 min read By Chris Prentice, Dawn Kopecki and Isla Binnie
WASHINGTON, June 24 (Reuters) - The U.S. Securities and Exchange Commission s enforcement division is probing funds typically used by private equity firms and other money managers to hold on to assets they either cannot or do not wish to sell, as the agency explores potential issues in private markets, said three people familiar with the matter.
In recent months, SEC enforcement staff have homed in on a number of "continuation vehicles," or CVs, said the people, who spoke on condition of anonymity.