LPs in Funds Could be Revealed in Lawsuits under Proposed FTC Rules:(Buyouts Insider: July 25, 2023) by: Gregg Gethard: “More paperwork for LPs, along with the potential risks of disclosing personal information, could result from the proposed rules, according to Chris Hayes, founder and president of RedLine Policy Strategies, a policy and regulatory advisory firm for LPs and GPs. ‘This could be a major compliance headache for LPs,’ Hayes said. Fund of funds may be particularly affected, having to share share their LP information with GPs they invest in anytime a manager engages in a transaction requiring a HSR filing, according to Hayes.”
RedLine Policy Brief: Private Funds:Overview of FTC Hart-Scott-Rodino Proposed Rules and their Impact on Private Funds & LPs (Published: July 12, 2023)
Crypto Global: Dapper Labs Exit Marks Latest NFT Policy Shakeup (The Information: July 12, 2023)by: Aidan Ryan:“Chris Hayes, who was head of U.S. government relations at sports-focused NFT startup Sorare, also left last month. Hayes has launched a firm called RedLine Policy Strategies to advise crypto and blockchain companies as well as traditional financial services firms. When it comes to NFTs, he agrees that a key focus remains explaining why they shouldn’t be subject to the same crackdown as crypto tokens.
"You basically have everybody thinking about tokens sitting in a financial context rather than a consumer product context,” Hayes told me. “And that's the separation and education that needs to happen.”
Podcast: The Institutional Investor Perspective with Chris Hayes, institutional investor advisor and former Senior Policy Counsel at Institutional Limited Partners Association (ILPA): (American Bar Association, VC Law Podcast: January 3, 2023) - Host Gary J. Ross talks with Chris Hayes, advisor to institutional investors and former Senior Policy Counsel at Institutional Limited Partners Association (ILPA). Among the topics covered are the preferences of LPs vs. GPs with respect to fund investment strategies; the ILPA model limited partnership agreement (LPA) and its relation to the ILPA guiding principles; specific ILPA LPA provisions including GP removal and fiduciary duty provisions; fund manager conflicts of interest; and challenges facing emerging (i.e. new) fund managers.
Opinion: The Voice of Layer 1s Is Needed in Washington: (CoinDesk: December 22, 2022, by: Chris Hayes) - Industry leading layer 1 blockchains must collaborate on policy engagement, delivering a uniform message that regulatory clarity is needed beyond Bitcoin and Ethereum.
ILPA’s Hayes Exits to Lobby for Crypto Platform: (Venture Capital Journal: February 25, 2022) - Chris Hayes, senior policy counsel at the Institutional Limited Partners Association and a force behind the US Securities and Exchange Commission’s investor protection-focused proposed reforms to private fund regulation, is leaving the organization.
Private Equity Contracts are Expensive and Complex. This Group Wants to Change That. (Institutional Investor: October 30, 2019) -The Institutional Limited Partners Association released a model limited partnership agreement Wednesday that aims to reduce complexity and costs for both GPs and LPs. “By putting it out there, it adds value to the private equity industry itself,” Hayes said. “I think this hopefully democratizes access to what a typical limited and fair limited partnership agreement looks like.”
Investor Group ILPA Snags Regulatory Expert From SBIA(WSJ Pro: April 4, 2017) Chris Hayes’ arrival comes as trade association ramps up lobbying presence in Washington. “Chris Hayes, a regulatory expert who was the general counsel at private-equity industry group Small Business Investor Alliance, has jumped ship to join the Institutional Limited Partners Association.”