09 · Transactions & finance · Luxembourg · Paris · Delaware
Private funds
What assistance changes in this practice, what it does not change, and the time reduction actually observed.
Where the gain is real
Comparison of fund documentation, side letter review, investor questionnaire review.
Where it is slight or nil
The fundraising itself, investor relations, the sponsor’s economic trade-offs.
Observed time
−55% at constant case scope, on cases closed over the last three financial years. This measure says nothing about the quality of the outcome.
What the practice covers
- Fund formation: private equity, private credit, venture capital, real estate, infrastructure
- Institutional investor representation, including passive co-investments and continuation vehicles
- Separately managed accounts and co-investment vehicles
- Transfers of limited partnership interests on the secondary market
- Side letter negotiation and tracking of the obligations that follow
- Tax structuring of the vehicle and of the carried interest waterfall