Geopolitical Risks and Private Funds: Structuring Funds and Investments Around National Security Restrictions

This CLE course will provide a comprehensive overview of the legal frameworks and practical strategies for structuring funds and investments in an era of heightened geopolitical scrutiny.

As national security concerns increasingly shape investment regulations worldwide, private funds lawyers and investment managers must navigate a rapidly evolving landscape of restrictions affecting both inbound and outbound investments. Designed for private funds lawyers, regulatory attorneys, and investment management practitioners advising sponsors and institutional investors, this program will outline the U.S. national security framework, including CFIUS review authority, and the expanding scope of outbound investment restrictions targeting sensitive technology sectors.

The program will focus on the implications for private equity and venture capital funds investing in emerging technology companies, defense technology, and critical infrastructure. Participants will learn practical fund and investment structuring strategies to manage geopolitical risk, including the use of parallel fund structures, exclusion vehicles, investor opt-out rights, and side letter provisions addressing regulatory compliance. The program will also cover investor due diligence considerations related to nationality, beneficial ownership, and sovereign wealth fund investments.

Listen to our faculty's analysis of sector-specific fund risks in semiconductors, AI, and critical infrastructure, and their review of the global expansion of investment screening regimes in the UK, EU, and Australia. After attending, practitioners will be equipped with the knowledge needed to advise clients on compliant fund structures and investment strategies in an increasingly complex regulatory environment.