Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Client Service Manager

July Business Services
(Remote)

July Business Services logo

Defined Contributions Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D. Stark Company (LDSCO) logo

Regional Sales Director (West)

July Business Services
(CA)

July Business Services logo

Compliance Officer

New York City District Council of Carpenters Benefit Funds
(New York NY)

New York City District Council of Carpenters Benefit Funds logo

Retirement Plan Consultant

July Business Services
(Remote)

July Business Services logo

Retirement Plan Administrator

Retirement Solutions Specialists
(Remote / Jacksonville FL / Hybrid)

Retirement Solutions Specialists logo

Retirement Account Manager

Fringe Benefit Group
(Remote / Austin TX)

Fringe Benefit Group logo

Defined Contribution Account Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Senior Specialist 401k Recordkeeping

T Bank N.A.
(Dallas TX)

T Bank N.A. logo

Retirement Plan Relationship Manager

ERISA Services, Inc.
(Remote)

ERISA Services, Inc. logo

TPA Retirement Plan Consultant

EPIC RPS (TPA/DPS)
(Remote)

EPIC RPS (TPA/DPS) logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon
Webinars
and Podcasts
  >  Upcoming   |   Recorded
Conferences
(In-Person or Virtual)
  >  Upcoming   |   Grouped by Location
All   >  Upcoming   |   Grouped by Sponsor

View More Strafford Webinars, Podcasts and Conferences

Private Equity Compliance With ERISA: Fiduciary Duties in Managing ERISA Plan Assets

Strafford

Oct. 5, 2023
Recorded Online
Webinar

This CLE course will prepare counsel representing private equity funds and private equity professionals to meet the challenges under ERISA that apply to fund managers who are responsible for investing the assets of a fund that holds ERISA plan assets. The program will cover the impact on private equity firms of court rulings discussing specific joint and several liabilities under ERISA plans.

Description

ERISA imposes fiduciary obligations in connection with funds that hold "plan assets" subject to ERISA on private equity managers responsible for investing fund assets. To avoid becoming subject to ERISA's fiduciary requirements, funds must structure their investments to comply with an exception to ERISA's "plan asset" rules. If the funds are intended or required to be subject to ERISA, ERISA's requirements will affect fund operations in many ways.

Also, specific ERISA plans carry significant joint and several liabilities for all companies that are part of a "controlled group" under the Internal Revenue Code and ERISA that maintains such plans. Funds should identify such ERISA plans in due diligence before purchasing a portfolio company that sponsors such a plan and structure their investments to minimize the risk that these liabilities will become liabilities of the fund.

Listen as our authoritative panel of finance attorneys discusses the fiduciary obligations under ERISA that apply to private equity fund managers responsible for investing the assets of a fund that holds ERISA plan assets. The panel will focus on the duty to avoid prohibited transactions, relevant case law, and implications of the current state of the fiduciary rule.

Outline

  1. ERISA fiduciary duties applicable to private equity managers
    • Exceptions available to private equity funds
    • Penalties and personal liability under ERISA
  2. Joint and several liability under ERISA
  3. Structuring investments with pension obligations

More Information, How to Register

© 2024 BenefitsLink.com, Inc.