SEC Charges Private Equity Adviser for Failing to Disclose Disproportionate Expense Allocations to Fund
- Written by Newsfile
Washington, D.C.--(Newsfile Corp. - June 14, 2022) - The Securities and Exchange Commission today charged New Jersey-based investment adviser Energy Capital Partners Management LP (ECP) with allocating undisclosed, disproportionate expenses to a private equity fund it advises. ECP agreed to pay a $1 million penalty to settle the SEC...