Laurier W. Beaupre is a Partner in the Corporate Department and a member of the Private Investment Funds Group. His practice focuses on representing private equity fund managers in fund formations and with respect to succession planning and other firm governance issues.
Larry represents numerous fund-of-funds, public pension plans and other institutions as investors in private equity funds worldwide; provides advice on compliance with the Investment Advisers Act of 1940 and the Investment Company Act of 1940; and represents private equity funds and other institutions as investors in privately held operating companies.
A representative list of clients that Larry regularly assists includes:
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FLAG Capital Management, a leader in alternative asset fund of funds. Based in Stamford, CT, FLAG commits more than $350 million annually to investment managers worldwide in venture capital, private equity and real assets.
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Resource Capital Funds, a mining-focused private equity firm based in Denver, CO, and Perth, Australia, with more than $890 million of capital under management
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VenCap International plc, a long-standing European fund-of-funds provider based in Oxford, UK, with $2 billion of capital under management
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Webster Capital, an emerging manager, based in suburban Boston, targeting middle-market buyout and growth capital investment opportunities in branded consumer product, business-to-business and healthcare companies
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Fairview Capital Partners of West Harford, CT and Grove Street Advisors of Wellesley, MA, each of which specializes in designing private equity investment programs for some of the nation’s largest public pension plans
Larry also develops and presents continuing legal education programs on private equity fund formation, regulatory and governance issues. He currently leads the firm’s task force on “pay to play” issues regarding solicitation of government pension plans by third-party marketers.
Before joining Proskauer, Larry was a member of the Private Equity Group at Testa, Hurwitz & Thibeault, LLP, where his practice also included general representation of venture-backed operating companies in the life sciences, software and Internet sectors. While there, he also served as a firm “domain specialist” on the Investment Advisers Act of 1940.