• FCPA Regulators Set Sights on Private Equity
  • November 11, 2011 | Authors: Michael B. Himmel; Melissa Toner Lozner
  • Law Firm: Lowenstein Sandler PC - Roseland Office
  • The private equity industry is the latest target of an unprecedented explosion in Foreign Corrupt Practices Act (“FCPA”) enforcement by U.S. regulators. As the industry expands to emerging markets overseas and faces new Dodd- Frank regulations, private equity firms and hedge funds are under heightened scrutiny from the Department of Justice (“DOJ”) and the Securities and Exchange Commission (“SEC”). Recent developments highlight the importance — now, perhaps more than ever — of effective FCPA compliance programs for private equity firms and hedge funds, as well as their portfolio companies.