Introduction to Private Equity: Fund Structures, Documentation, Transaction Terms, Legal and Regulatory Matters

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Course Details
- smart_display Format
On-Demand
- signal_cellular_alt Difficulty Level
Beginner
- work Practice Area
Banking and Finance
- event Date
Friday, December 20, 2024
- schedule Time
1:00 p.m. ET./10:00 a.m. PT
- timer Program Length
60 minutes
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This 60-minute webinar is eligible in most states for 1.0 CLE credits.
-
Live Online
On Demand
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

Ms. Heide advises public and private investors and borrowers on their sophisticated finance transactions and compliance issues. She has significant experience in private equity, capital markets, and joint ventures. Ms. Heide has a proven track record of representing clients in complex mergers and acquisitions, including cross-border transactions and high-stakes deals in various industries such as consumer products, technology, cosmetics, retail and cannabis. She advises on equity and asset purchases, strategic mergers and reverse takeovers, navigating multifaceted legal landscapes and helping clients to achieve optimal outcomes. Her skill in managing large-scale transactions and her approach to deal structuring have earned her a reputation as a trusted advisor in the M&A space. Ms. Heide frequently writes and speaks on corporate finance and private investing.

Mr. Tope provides investment fund sponsors, investors and principals with creative, commercial and realistic advice relating to fund formation and secondaries transactions. He brings a global perspective to his clients, having represented managers and investors in dozens of jurisdictions. Mr. Tope's sponsor-side clients regularly include prominent secondaries firms, private equity and hedge fund managers, real estate managers, middle market managers and startup managers/spinouts. He advises these clients with entity formation, introductions to service providers, discussions with placement agents, drafting of offering memorandums, negotiations with investors and Investment Advisers Act and Investment Company Act compliance, as well as guidance on ongoing operational funds. Mr. Tope has extensive experience with secondaries transactions including GP-led restructurings, tender offers, stapled secondaries and sales and purchases of significant pools of fund interests. Adam also draws on his experience as a former computer programmer to advise fund managers forming cryptofunds.
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?
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