Dissolving a Delaware limited partnership requires compliance with both the Delaware Revised Uniform Limited Partnership Act (DRULPA) and the fund’s governing documents.

Forming an investment fund is a complex process that requires meticulous planning, compliance with regulatory requirements, and alignment with investor expectations. Below is a simplified checklist that highlights the key steps involved in setting up a fund.

In recent years, a significant shift has been taking place in the private equity and asset management industries. Investors are increasingly focusing on acquiring minority stakes in General Partnerships (GPs). This strategy, commonly referred to as "GP stakes investing," is gaining traction for its ability to offer exposure to high-quality investment managers, provide recurring cash flow, and align with the long-term growth of these firms.

Marketing private funds to investors requires fund managers to navigate a complex regulatory landscape. In the United States, a large set of laws, rules, regulations and guidelines regulates the marketing of private funds, and ensuring compliance is critical to avoid regulatory penalties and protect investor relationships.

When structuring a business, investment portfolio, or fund, choosing the right legal entity is critical. For entrepreneurs, investors, and fund managers handling multiple assets or ventures, two common options are forming a Series Limited Liability Company (Series LLC) or creating multiple standalone Limited Liability Companies (LLCs). Each option comes with its own advantages and disadvantages.

Liquidity is a critical consideration for fund managers, particularly in managing investor expectations and ensuring the stability of a hedge fund. A well-structured liquidity framework balances the need for flexibility with the protection of investor interests.