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Regulators scrutinizing Oppenheimer

By Beth Healy

 |  Globe Staff  

  February 25, 2012

Federal and state authorities are pulling back the covers on the secretive world of private equity, by examining how these firms value the investments in the portfolios they run for pension funds, endowments and nonprofits. The Securities and Exchange Commission has sent letters of inquiry to about a dozen firms, asking how they value the investments in their private equity funds. Both the SEC and Massachusetts Attorney General are looking closely at a particular fund, the Oppenheimer Global Resource Private Equity Fund

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