Shane Goudey

SHANE GOUDEY is the leader of Sidley’s Venture Funds practice. Shane focuses his practice on all aspects of the formation and operation of domestic and international investment funds, including venture capital, private equity, fund of funds, corporate, secondary market, debt, and a variety of other types of funds. He has represented sponsors in the formation of thousands of funds, ranging from multibillion-dollar venture capital and leveraged buyout funds to smaller firms forming early-stage venture capital, angel, pledge, and similar micro-funds, with just several million dollars in committed capital. Shane also regularly advises accelerator, venture studio, and incubator firms with respect to their organizational, operational, investment, and fund formation matters.

As fund counsel, Shane regularly advises his clients on all aspects of the fundraising process, including providing sophisticated market intelligence on fund terms and conditions, review and preparation of all fundraising documentation (e.g., private placement memoranda, roadshow presentations, diligence materials, etc.), formulation of marketing plans and strategies, preparation of all governing agreements, and leading negotiations with various participants in the fund formation process (including investors, private placement agents, and gatekeeper organizations). In connection with his fund practice, Shane possesses extensive knowledge of various securities laws (such as the Investment Advisers Act of 1940 and the Investment Company Act of 1940), tax planning and accounting issues, and other regulatory matters (e.g., ERISA, Bank Holding Company, FOIA, AML, etc.) affecting investment firms and the funds they manage.