Unparalleled insight into market trends, terms and conditions

Our Private Funds Group offers the complete package of services to private funds and investors. We consistently deliver innovative solutions to highly complex challenges across fund formations, secondaries, fund M&A/GP stakes, preferred equity financings, NAV facilities, structured products and other transactions.

With a team of more than 240 lawyers including specialists in tax, ERISA, regulation, fund finance, employment, litigation and risk management, we understand the business objectives and dynamics of fund sponsors, limited partners and the private fund business as a whole.

We advise across the asset class on the full range of matters, going beyond fund formation and fund raisings, acting as true business partners with our clients. We counsel general partners on internal governance, compliance and organization, carried interest and co-investment arrangements, spinouts, reorganizations and fund restructurings. We also represent a range of institutional investors on their alternative investment programs.

Our team has particular expertise with the complexities involved in structuring and negotiating secondary transactions and fund restructurings and advise a significant segment of the secondary market. We have experience acquiring and selling portfolios of partnership interests, including some of the largest bulk sales of interests in securities on the secondary market. We also represent general partners, lead secondaries buyers, and sellers in continuation fund transactions and other GP-led solutions.

Sponsor Representation

  • Buyout funds
  • Growth capital funds
  • Debt, credit, mezzanine and
    distressed funds
  • Venture capital funds
  • Real estate funds
  • Funds of funds
  • Secondary funds
  • Hedge funds
  • Co-investment funds

Secondary Transactions

  • Small and bulk portfolio transactions
  • Complex structured and
    synthetic secondaries
  • Direct secondaries
  • Tender offers
  • GP-led solutions
  • End-of-life transactions
  • Deferred purchase price &
    seller finance arrangements
  • Leveraged secondaries
  • Fund credit facilities
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