SEC Charges Energy Capital Partners on Disproportionate Expense Allocations to Fund
Posted on 06/21/2022
On June 14, 2022, the Securities and Exchange Commission (SEC) charged New Jersey-based investment adviser Energy Capital Partners Management LP (ECP) with allocating undisclosed, disproportionate expenses to a private equity fund it advises. ECP agreed to pay a US$ 1 million penalty to settle the SEC charges and has voluntarily paid back more than US$…
