Real Estate Managers

Compliance Roundtable Webcast for Real Estate Investment Advisers

Please join ACA for a roundtable-format webcast designed to assist compliance professionals of real estate investment advisers in dealing with the Investment Advisers Act as it uniquely applies to the real estate business model. This discussion will be led by ACA’s Colleen Marencik, a director at ACA who works with real estate investment advisers.

Topics will include:

SEC Examinations of Real Estate Investment Advisers

In recent months, ACA has observed an increase in U.S. Securities and Exchange Commission ("SEC") examinations of private real estate fund investment advisers. Since 2012, when many private fund managers became registered with the SEC as a result of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, the SEC's staff mostly focused on hedge fund and private equity fund managers. Now, examiners appear to be turning their attention to private real estate fund managers as well.

Roadmap to GIPS Compliance and Verification

This paper will demonstrate the importance of the Global Investment Performance Standards (GIPS®) in the marketplace and provide a roadmap for adopting the GIPS standards. We also want to demonstrate the benefits of claiming compliance with the GIPS standards and having the firm verified by an independent third party. The GIPS standards were created to provide an ethical framework for calculating and presenting a firm’s investment performance history.