PRIVATE INVESTMENT FUNDS
Our firm has one of the most active private investment funds practices for a small firm in the United States. Attorneys in our Private Investment Fund practice group honed their craft at premier large law firms and bring their expertise to bear on investment fund formation and governance to our clientele. We represent investment advisers and fund sponsors seeking to form both domestic and offshore private investment funds. We also represent domestic and foreign investors in connection with their investments in private investment funds, including in connection with tax and regulatory considerations, capitalization and valuation concerns, and the negotiation of preferred investment rights.
Our expertise in structuring and governing private investment funds extends to all types of investment vehicles:
- Hedge Funds
- Private Equity Funds
- Real Estate Investment Funds
- Venture Capital Funds
- Distressed Asset Funds
- Pledge Funds
- Luxury Asset Investment Funds or “Passion” funds
As part of the formation process of private investment funds, we are also asked to set up structures for fund management entities and in developing compensation arrangements for fund principals and employees.
Once formed, we continue to partner with our fund clients in their operation, including advising them on the evolving legal and regulatory framework applicable to privately offered investment vehicles. Such regulatory guidance extends to Securities Act and Exchange Act rules, Regulation D, “Blue Sky” laws, and Investment Advisors Act provisions. We also provide legal services in connection with the consummation of the investment strategies and compliance with investment limitations of our fund clients, including acquisitions and divestitures of venture capital and private equity transactions, seed financings, series rounds of capital investments for portfolio companies of the funds, and exit strategies and transactions.
We are also believers in making important introductions to service providers to the investment fund world, including accounting firms, sponsors, investors, broker dealers and administrators.