Economy
Wednesday, 6/24, 10:28 AM
SEC Probes Private Equity's Booming 'Continuation Funds,' Reuters Reports
- U.S.
- securities regulators are investigating continuation vehicles, the increasingly popular tool private equity firms use to hold onto aging assets, in a fresh sign of tightening scrutiny over a fast-growing corner of private markets, according to a Reuters report.
- No wrongdoing has been alleged.