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Gibson Dunn says Blake Estes discussed interval fund rules with Ignites
Gibson Dunn said partner Blake Estes was featured in a Financial Times/Ignites article about possible changes to interval fund rules. The firm said his comments addressed the structure of repurchase arrangements and the practical implications of modernization for investment products offered through financial intermediary platforms.
Key points
- Gibson Dunn said Estes discussed a possible SEC proposal permitting monthly interval fund repurchases.Gibson Dunn
- The firm said his comments also addressed tender offer funds.Gibson Dunn
- Gibson Dunn said Estes included business development companies in his discussion of platform consistency.Gibson Dunn
- The firm said Estes characterized the changes as modernization rather than removal of investor protections.Gibson Dunn