WASHINGTON, Jan 13 (Reuters) - The U.S. Securities and
Exchange Commission said on Monday that nine investment advisers
and three broker dealers agreed to pay more than $63 million
combined to settle the SEC's charges for record keeping
failures.
As part of the settlement, the firms admitted the facts in
their respective SEC orders, acknowledged their conduct violated
record keeping provisions, and have begun implementing
improvements to their compliance policies and procedures, the
SEC said in a statement.
The 12 firms are:
* Blackstone Alternative Credit Advisors LP
* Blackstone Management Partners LLC
* Blackstone Real Estate Advisors LP
* Kohlberg Kravis Roberts & Co. LP
* Charles Schwab ( SCHW ) & Co
* Apollo Capital Management LP
* Carlyle Investment Management LLC
* Carlyle Global Credit Investment Management LLC
* AlpInvest Partners B.V.
* TPG Capital Advisors LLC
* Santander US Capital Markets LLC
* PJT Partners LP