Private Investment Funds

Klinedinst assists a variety of fund sponsors and managers in an array of complex matters from fund formation to assisting in navigating the complicated federal and state laws governing all aspects of private funds. Our Private Investment Funds team works across all key industries and assists clients in forming funds of all sizes.

From real estate funds and private equity funds to venture capital funds and mutual funds, we understand the issues specific to different types of funds and offer advice that comes from a wealth of experience across many industries. Our broad experience offers clients access to the latest developments and current market trends.

Our attorneys have experience assisting fund sponsors, investment managers, investors and variety of other market participants at every stage in the life cycle of a fund including fund formation, compliance, operational aspects and fund transactions. During the fund formation stage, we advise our private investment fund clients on all aspects of fund organization, including lead investment negotiations, domicile selection, exemption from registration and fee and compensation structures. Our counsel also extends through the various stages of investments that a private fund typically makes, including acquisitions, recapitalizations, going-private transactions, management buyouts and venture capital financing. In concert with clients and their tax advisors, our attorneys help you accomplish your goals as expediently as possible.

Services our Private Investment Funds attorneys offer include:

Fund Formation

  • Preparation and review of marketing materials
  • Advice on investment terms and market trends
  • Preparation of formation and offering documents
  • Advice on securities law and applicable exemptions
  • Negotiations with lead investors

Fund Management

  • Secondary market transactions
  • Processing transfers, assignments and sales
  • Addressing defaults
  • Amendments to legal documents
  • Limited partnership representation
  • Manager/general partner entity formation
  • Compensation of principals
  • Separation agreements

Regulatory Compliance

  • Investment Company Act of 1940
  • Investment Advisers Act of 1940
  • Securities Act
  • Exchange Act reporting
  • State Regulations

Transactional Services

  • Mergers and Acquisitions
  • Recapitalization
  • Private Placements
    • Venture Capital Financing
    • Mezzanine Financing
  • Tender Offers