Private Equity Funds
Subtitle: Formation and Operation
Publisher: UNKNO
Published: May 01, 2009
Format: ring-bound
Number of pages: 736
ISBN-13: 9781402411250
Description: Private Equity Funds: Formation and Operation examines the various fund types, including PIPEs, SPACs, mezzanine funds, and credit opportunity funds, and is designed to provide a comprehensive understanding of how private equity funds work and are regulated.


The book provides guidance on every decision that has to be made in creating a new fund, including:



Choosing the right organizational options for funds and their sponsors

Structuring and implementing ownership and compensation arrangements that work best for each fund

Negotiating terms between fund sponsors and investors, including fund size, the investment program, capital commitments and contributions, distributions, and related documentation

Hiring and retaining the best fund talent

Qualifying for the Securities Act’s private placement exemption, the IAA’s exclusion from registration as an investment adviser, and other exemptive relief


Written by expert private equity fund specialists from Schulte Roth & Zabel LLP, Private Equity Funds advises on how to:



Structure beneficial seed capital transactions with strategic investors

Accrue the benefit of allowing principals and employees to participate in the income streams as equity owners or profit-sharing participants in a fund sponsor’s management entities

Avoid potential liability as a result of developing an excessively specific investment program as a fund manager


Supplemented with more than a dozen sample agreements and opinion letters, Private Equity Funds allows attorneys advising funds to capitalize on opportunities while staying clear of costly trouble.
Notes: Source title: Private Equity Funds: Formation and Operation