Fund Formation & Compliance

December 20, 2021  By: Dennis H. Doss & Christopher J. Donovan | Doss Law, LLP We are frequently asked about the legality of finder’s fees paid to raise capital for mortgage transactions and pool investments.  A finder’s fee is compensation to someone who finds money for an investment.  It provides an incentive to the finder to refer...

by Dennis H. Doss & Christopher J. Donovan | Doss Law, LLP Attention fund managers and capital raisers for private offerings!  Your pool of potential investors just got much larger.  On August 26, 2020, the Securities and Exchange Commission (“SEC”) approved “Amendments” to the definition of “accredited investor.”  This definition is a key component of several exemptions...

by Dennis H. Doss & Christopher J. Donovan | Doss Law, LLP Distressed assets funds rise in popularity during a recession.  Banks are eager to purge their portfolios of labor-intensive mortgages that punch holes in their balance sheets and increase their reserve requirements.  Private equity funds must liquidate non-performing loans to meet capital calls from their credit...