Standish Compliance's Maryellen Maurer and Andy Green were invited to present at the IAA Private Equity Fund Advisers Committee meeting on the following topics:

• Affiliated transactions

• Marketing Rule substantiation

• Exam requests unique to the specialized private funds unit within the Division of Examinations

• Other exam hot topics: demonstrating compliance seat at the table, compliance team’s integration with other firm control functions, conflicts inventories, breach documentation, fund expenses versus capitalized costs, impact of certain activity on management fee calculations, partial sales, bankruptcies, decreases in value or impaired or permanently impaired assets, continuation vehicles and related presentation to boards, marketing material track record assumptions, side letter compliance, and fee economics calculations.