SEC's Birdthistle: "The population of private funds in this country stands currently at almost 100,000, approximately 54,000 of which are advised by SEC-registered investment advisers and 40,000 by SEC-exempt reporting advisers."
Highlights:
* "The population of private funds in this country stands currently at almost 100,000, approximately 54,000 of which are advised by SEC-registered investment advisers and 40,000 by SEC-exempt reporting advisers."
* "The former comprise more than $21 trillion in gross assets under management; the latter,