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Course Details

This CLE webinar will provide an overview of private equity (PE) and the role it plays in the economy and in corporate finance. The panel will discuss PE fund formation, structuring considerations, document drafting, investment types, the players involved in these financing arrangements, and legal and regulatory compliance matters.

Faculty

Description

PE is an asset class that is generally described as investments that represent an equity interest in a privately held company with the goal of making that company more profitable. To invest in companies, PE firms raise money from investors by granting an economic interest in the fund.

PE funds are partnerships between the general partners that manage the day-to-day fund operations and the limited partners (LPs) that invest in the fund but have limited influence over investment decisions. Common types of LPs include high-net-worth individuals, family offices, pension funds, endowments, foundations, insurance companies, and sovereign wealth funds.

PE fund lawyers assist clients in forming and structuring the vehicles where investors pool their investments. There are several factors that impact the structure of a PE fund including tax considerations, stockholder approval, speed and certainty of closing, and liability issues. There are also a growing number of legal and regulatory compliance matters that must be considered when structuring these funds and transactions.

Listen as our expert panel reviews the fundamentals of private equity fund structuring, documentation and transaction terms, and legal and regulatory compliance matters.

Outline

I. Overview of PE and current market conditions

II. PE funds

A. Parties

B. Structures

C. Documentation

D. Fund terms

E. Governance

III. PE investment types

IV. Legal and regulatory compliance matters

V. Other considerations and practice pointers

Benefits

The panel will discuss these and other key considerations:

  • What is PE and what role does it play in corporate finance?
  • What are the most common PE fund structures and what are the main drivers behind these structures?
  • What are the various types of PE investments?
  • What are typical PE fund documents and key transaction terms?
  • What are the legal and regulatory compliance matters that impact PE funds?