Ontra

👉 REMINDER 👈 Several of the SEC's Form PF amendments are in effect. Key dates to keep in mind: ✳︎ December 11, 2023: New sections 5 & 6 ✳︎ June 11, 2024: Section 3 for large liquidity fund advisers & other sections for hedge fund advisers, large PE fund advisers, and all PE fund advisers ✳︎ March 12, 2025: General instructions, sections 1 & 2 for all private fund advisers Learn more - https://lnkd.in/gDt3tQpH

Have any entities dissolved or set to dissolve in 2024? You might still need to report beneficial ownership info under the Corporate Transparency Act. 📜 FinCEN's July 8 guidance makes compliance and liability more complex. Effective immediately, this applies to entities dissolved after January 1, 2024. Learn more: https://lnkd.in/gnSuhhxa

Sentinel Capital Partners’ small legal team was inundated with 600-1,000 NDAs annually, causing resource strain and manual review bottlenecks. 🔍 The Fix: Ontra helped Sentinel cut their NDA workload in half, freeing up their legal team to focus on high-value tasks. ✅ The Result: Enhanced efficiency, consistency, and reliability in their processes. Discover their workflow transformation: https://lnkd.in/gXktWdmn

🚀 Ready to revolutionize your legal workflows? Meet Synapse – our cutting-edge AI, purpose-built for the private markets. With data from over 1 million contracts and the power of OpenAI’s GPT-4, we're transforming how you manage fundraising, compliance, and fund operations. Watch the video to see the future of legal tech in action! 🌟 https://lnkd.in/ecBywVnM

Curious about how private equity firms are successfully leveraging AI? 🤖 Sherwyn Williams CISSP, CCSP, Head of IT & Cybersecurity at Siris Capital Group, shares insights on how AI is all about efficiency and value creation. Imagine using AI to handle repetitive tasks like filling out Due Diligence Questionnaires (DDQs)—saving time and ensuring accuracy. 🌟 From automating responses based on past data to monitoring compliance and risk landscapes, AI is transforming how firms operate. Discover why implementing AI solutions is essential for driving value and staying ahead in the game in our on-demand webinar: https://lnkd.in/g2iVNJEw

Join Team Ontra for an evening of fine wine and in-person connections. 🍷✨ Experience the exquisite flavors of women-made wines curated by Certified Sommelier Aimée Lasseigne New. Network with your fellow women in private equity. Don't miss this opportunity to sip, savor, and connect. 🥂 Register now: https://lnkd.in/gMccdc68

The regulatory landscape for private fund advisers is more complex than ever. 🌪️ Gone are the days when a dual-hatted CFO/CCO could easily manage compliance solo. Although the invalidation of the Private Fund Adviser Rules (PFAR) offers some relief, the SEC's scrutiny of private funds remains unwavering. The recent changes are a mixed bag — job security for CCOs but a growing to-do list for everyone else. The takeaway is clear: Digital transformation isn't just beneficial; it's essential. To help you stay up-to-date, we’ve compiled a list of the top regulatory developments on our radar this year. 👉 https://lnkd.in/g9vjuG6a

🚀 Unlock the secrets to building a top-tier investment bank with Nishen Radia in our latest video interview! 🌟 From Merrill Lynch to B. Riley Financial (formerly FocalPoint), Nishen talks to Ontra CEO Troy Pospisil about his inspiring journey and shares invaluable insights into the M&A market. 💡 Discover how strategic growth and meaningful connections drive success in private equity. Watch now for a dose of inspiration and expert advice! https://lnkd.in/gUank3QT

The Supreme Court's recent ruling in Loper Bright Enterprises v. Raimondo has overruled the longstanding Chevron doctrine in a 6-3 decision. This shift means courts now have to independently interpret statutory ambiguities without defaulting to federal agency interpretations. According to Norton Rose Fulbright, this is a significant shift for plaintiffs in regulated industries like health care and securities, who can now challenge perceived regulatory overreach more effectively. This could have a major impact on SEC rulemaking and ongoing pushback against new SEC rules. This in turn could affect due diligence processes, risk assessments, and compliance strategies within private equity firms. 📖 Read more about the decision: https://lnkd.in/guwBqDQD #Compliance #SEC

Is keeping up with regulatory compliance a constant struggle? Our Resource Hub can help. From regulatory changes to practical tips, our in-depth toolkit has what you need to navigate the evolving compliance needs of private market firms. Explore our resources today - https://lnkd.in/g6zs_3pV