Private Equity: Fund Formation

About

Provided by Winston & Strawn LLP

Winston & Strawn represents fund sponsors in the structuring and formation of buyout funds and funds focused on other strategies in the middle market. Our team partners with clients, working seamlessly with them through each phase of their fundraising, from marketing through closing. Our team includes more than 40 attorneys nationwide and collectively has extensive knowledge on the full range of issues involved in fund formations and ongoing operational and compliance matters. 

We review annually a significant number of fund investments for institutional investors, including the review, negotiation, diligence and structuring of such investments. Our attorneys regularly advise institutional investors on market terms and relevant securities, tax, partnership, fiduciary, ERISA, and documentation issues.

We have represented numerous clients in connection with their investments as lead or anchor investor in a private equity fund including, special rights with respect to governance, carry, management and other fees and successor funds, among other terms.

Our attorneys also have extensive experience working with Small Business Investment Companies (SBICs). 

We regularly represent clients in connection with their minority co-investment programs and the negotiation of investment documentation with deal sponsors.

We have represented institutional investors and managers as both purchasers and sellers in secondary market transactions.