Allison Scher Bernbach focuses her practice on counseling private fund advisers in navigating the increasingly complex regulatory landscape, including compliance with the requirements of the Investment Advisers Act of 1940. This includes assisting clients with respect to structuring their compliance programs, complex regulatory matters, SEC examinations, and advice in connection with the structuring of acquisitions of other investment managers.

Allison has more than 20 years of regulatory compliance experience servicing global, multi-strategy asset management firms, including private equity sponsors, both as outside counsel and in-house, and in both compliance and legal roles. She has experience advising both traditional and alternative asset managers, assisting in the development and implementation of compliance programs.

Publications

“SEC Proposes Service Provider Oversight Regime for Investment Advisers,” SRZ Alert, Nov. 11, 2022

Don’t Take Chances When it Comes to Pay-to-Play,” Private Funds CFO, Oct. 6, 2022 (quoted)

“SEC Pay-to-Play Rule Update: Recent SEC Enforcement Activity and What It Means for the November Midterms,” SRZ Alert, Sept. 21, 2022

“SEC Marketing Rule Update: What Private Fund Advisers Should Be Thinking About as the November 4 Compliance Date Approaches,” SRZ Alert, Sept. 20, 2022

SEC Custody Rule Update: Takeaways from Recent Enforcement,” SRZ Alert, Sept. 19, 2022

Speaking Engagements

Moderator, “Preparing for Regulatory Examinations,” MFA Legal & Compliance London, Oct. 2022

Prior Experience

  • Simpson Thacher & Bartlett LLP
  • CCMP Capital Advisors, LLC
  • Oak Hill Capital Management
  • Fischer Frances Trees and Watts
  • Alliance Capital Management
  • Seward & Kissel LLP