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Andrew Spaventa

In PWD coverage since August 19, 2026 · 1 story
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The fee-disclosure lesson in the SEC's pre-IPO fund case

The complaint's 46% average markup is what 'no upfront fee' can look like in a pre-IPO fund sold to retail clients.
THE DESK BRIEF

Flows, fee cuts, and closure risk on the funds you watch — every trading morning.