"Sorting the dual-hatted CCO" by James Walker published in Private Equity Manager

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December 12, 2013

Having one person serve as both the chief legal officer and chief compliance officer for a private equity firm or hedge fund allows the firm to capitalize on economies in merging the two roles.  Dual-hatting may be costly for a firm, though, if care is not taken in executing the two roles so that the firm appropriately preserves its claims of attorney-client privilege and at the same time is able to demonstrate to its regulators, through non-privileged documentation, that it has executed its regulatory compliance responsibilities.  

In this article, RK&O partner James Walker addresses these challenges and provides best practices to follow.

Click here to read "Sorting the dual-hatted CCO."