Prepared Remarks At The Institutional Limited Partners Association Summit, Sec Chair Gary Gensler, Nov. 10, 2021

by mondovisione.com posted 3weeks ago 201 views
Thank you. As is customary, I will note that I am not speaking on behalf of the Commission or SEC staff. Today, I’d like to talk about private funds, and the importance of certain of these funds — in particular, private equity and hedge funds — to our capital markets. Why do these funds matter? First, they matter because they’re large, and they’re growing in size, complexity, and number. Altogether, U.S. private funds have gross assets under management of $17 trillion with net assets of $11.5 trillion.

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