Private Equity Funds
PRIVATE EQUITY FUND FORMATION
Launching a private equity fund involves navigating various regulatory complexities and business challenges. A private equity fund encompasses unique securities, regulatory, and tax issues. Capital Fund Law Group advises emerging and established private equity fund managers on fund formation and ongoing operations.
A private equity fund's structure depends on several tax, regulatory, and financial considerations. The investors' tax needs largely drive fund structure. Private equity funds are almost always closed-end funds. A closed-end fund is an investment fund intended to last for a fixed term.
Setting the investment terms is one of the most important aspects of forming a private equity fund. When properly structured, private equity fund offering documents contain terms that adequately protect the fund manager and are attractive to investors. Private equity fund terms are driven by the fund’s strategy, the market trends within the fund’s specific asset class, and the particular needs and objectives of the fund.
EXPERIENCED LEGAL COUNSEL & FLAT-FEE SERVICES
At Capital Fund Law Group, we focus our expertise and knowledge on investment advisory services, fund formation, securities law, corporate law, and taxation. Our client-tailored flat fee will take you from start to finish, assuring no unexpected, hidden charges during the formation process.
We concentrate our expertise on your specific legal needs, which may include various factors, such as structure, strategy, and terms. Our attorneys welcome an initial consultation to discuss your investment goals. During your consultation, we will detail our private equity services and customizable post-launch legal compliance program.
Starting a Private Equity Fund
Schedule your complimentary consultation with one of our experienced attorneys to discuss the legal structure, regulatory requirements, timeline, and costs of forming a private equity fund.
Private Equity Fund Resources
Information & Downloads
Starting A Private Equity Fund | by John S. Lore, Esq.
A private equity fund is a pooled investment vehicle created for investments in equity securities and real estate. This white paper discusses some of the key structural considerations and investment terms involved in starting a private equity fund. The term “private equity fund” covers a broad spectrum of closed-end investment strategies, including early state funds (venture-capital), growth equity funds, leveraged buyout funds, and real estate funds. For specific information on structuring a real estate fund, see our white paper entitled: Forming a Real Estate Fund–Strategy, Structure and Investment Terms.
Real Estate Fund Sample PPM Excerpt | an example document
The Following is a concise model excerpt of a private equity fund private placement memorandum (PPM). The PPM is based on a fictitious closed-end real estate fund investing in
The excerpt highlights many of the fund investment terms that should be considered when forming in a private equity real estate fund. The excerpt is intended to provide an idea of the type of information and level of detail that should be expected in a fund and provide a starting point for discussions with an investment fund attorney.