Private Funds—Los Angeles, CA

The Lowell Milken Institute for Business Law and Policy (UCLA School of Law) presents 2014 Private Fund Conference: A View from California May 21, 2014.

Private funds are one of the most important investment vehicles in the 21st Century. Hedge funds and private equity funds play a significant role in the financial landscape of the U.S. and worldwide. . . . The market for private funds now reaches into every segment of our society; institutional investors, endowments, private foundations and governmental and private pension funds invest in private funds. Government regulation has also expanded significantly in the years since the financial crisis, with private funds and their managers now subject to a level of oversight that would have been inconceivable twenty years ago.

It should surprise no one that California has become an important focus for private funds. Financially powerful institutional investors, based in California, are now major investors in private funds, and these institutional investors are courted by fund managers throughout the county. Likewise, California is home to some of the most important and innovative fund managers, attracting dollars from the country as a whole and worldwide. As the principal place of business of both large investors and large funds, California has a role to play in shaping and understanding the nature of private funds in 2014.

Please join the Lowell Milken Institute for Business Law and Policy at UCLA School of Law as it hosts a group of distinguished panelists examining the state of private funds and California’s role in this industry. Our panels include large institutional investors’ managers, some of California’s leading fund managers as well as legal and financial advisors to the private fund industry. We believe the California experience will only become more important as the decade unfolds. The Lowell Milken Institute intends to hold a forum on an annual basis for institutional investors, fund managers, their respective advisors, academics and the public to discuss the many legal, financial and social issues that surround the growth of private funds in the U.S. and world economies. We hope you will join us at our initial conference on May 21, 2014 at the UCLA Faculty Center.

mw