Assembly Bill

AB 2833 (Cooley) – Private Equity Fee Disclosure

Requires every California public investment fund to require its alternative investment vehicle fund managers and related parties to make specified disclosures regarding fees and expenses for each alternative investment vehicle. Also requires this information to be disclosed at least once annually in a report presented at a meeting open to the public. Applies to new contracts entered into, and to existing contracts pursuant to which the fund makes a new capital commitment, on or after January 1, 2017. 

  • Version: Chaptered (Chapter 361, Statutes of 2016)
  • Sponsor: State Treasurer John Chiang
  • Location: Signed by Governor
  • Board Position: Support, if amended

CalSTRS Analysis:

As Amended 6/21/2016

As Amended 4/12/2016

Commands