Welcome to Insights, where we delve into the evolving legal landscape of private investment funds, offering practical guidance to help fund managers and investors navigate today’s complex environment. Insights serves as a valuable resource for exploring current industry trends, key regulatory updates, and practical tools, designed to address the unique challenges faced by stakeholders in the private investment funds sector. Some of our posts will provide introductory insights, while others will delve into complex emerging legal issues.
Explore our posts for insights into critical topics such as fund marketing rules, fund governance, and liquidity management—all curated to empower your decision-making.
Disclaimer: The content provided here is for informational purposes only and does not constitute legal or tax advice. Readers should consult with a qualified legal or tax advisor to address specific legal concerns or questions.
EM Pro Tips: Management Fees
Management fees in traditional closed-end funds follow a standard structure but include important nuances that emerging managers should understand. While they may seem like a simple calculation of commitments multiplied by the fee rate, the structure can vary significantly based on fund strategy, lifecycle stage and additional offsets.
EM Pro Tips: Herding Cats
In a challenging fundraising environment, closing a private equity (PE) fund efficiently requires strategic incentives, clear deadlines, and strong investor communication. From what we have witnessed, the most savvy fund managers, i.e., those who have closed funds in record time, consistently implement certain key strategies to maintain momentum and avoid unnecessary delays. Given the current market slowdown, we believe it is especially useful to share these insights we have experienced from savvy fund managers.