Intro to Private Equity Funds
A private equity fund is an investment entity that raises capital from investors to make investments in private companies under a specified investment strategy. This post is an introduction to what you need to know.
Strictly Business
A legal blog on private funds, startups, and venture capital.
Strictly Business
A legal blog on private funds, startups, and venture capital.
Category Private Equity and Hedge Funds
Using Side Letters in Private Funds
At some point, while raising capital for a private fund, you will likely be asked by one or more potential investors to enter into a side letter. Here are some practical pointers on the top issues you'll encounter.
3(c)(1) Funds vs. 3(c)(7) Funds
3(c)(1) and 3(c)(7) refer to two different exemptions from the requirements imposed on “investment companies” under the Investment Company Act of 1940. In this post, we explain what you need to know.
Accredited Investors vs. Qualified Clients vs. Qualified Purchasers: Understanding Investor Qualifications
Accredited investors, qualified clients, and qualified purchasers are three categories of investor qualification that are important to private fund managers. This post provides an explanation of the differences between them.
The Life Cycle of a Private Equity or Venture Capital Fund
Private equity and venture capital funds usually are organized to have a limited life cycle, often in the range of 7 to 15 years. In this post, we describe what you need to know about the different stages of that life cycle.