Defendant Name:
Colony Capital Investment Advisors, LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Digitalbridge Group, Inc.
SIC Code:
8741
CUSIP:
25401T60
Document Reference:
IA-6671
Document Details
Legal Case Name
In the Matter of Colony Capital Investment Advisors, LLC
Document Name
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
03-Sep-2024
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
On September 3, 2024, the SEC instituted settled administrative and cease-and-desist proceedings against Colony Capital Investment Advisors, LLC, stating: "This matter arises from registered investment adviser Colony’s failures to follow certain contractually agreed procedures governing the timely disclosure of and consent to expenses that Colony allocated to eight private real estate investment funds it managed (the “Funds”) for services provided by affiliates of Colony to the Funds."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$350,000.00
Shared:
