Private investment funds are currently investing more capital than ever and the funds themselves are larger than ever. The industry's success comes against a backdrop of the continued fallout from the 2008 financial crisis, from evolving market trends and from increasing regulatory and tax compliance. In relation to structuring, fund-raising, making deals, managing exits fund sponsors, maintaining investor relations and dealing with the press, investors and their advisers are faced with unprecedented challenges and opportunities. This practical guide features contributions by leading industry specialists on a wide range of issues arising at all stages of a private investment fund's life cycle. Topics covered include formation and structuring, regulatory matters, limited partner issues and negotiations, deal-level considerations, environmental concerns and end-of-fund-life procedures, as well as jurisdictional/offshore matters, their jurisdictional differences and choice drivers (eg Luxembourg, the Cayman Islands and the Channel Islands).The guide also sets out and explores the particular issues presented in relation to listed funds, start-up and spin-out funds, real estate funds, infrastructure and energy funds, and secondary transactions.
In consequence, this publication provides a wide-ranging and practical guide to the legal, regulatory, tax and commercial elements of establishing and operating private investment funds. Practitioners and other industry participants are likely to gain significant benefit from applying its contents within their own environment.
Sprache
Verlagsort
Zielgruppe
Illustrationen
Maße
Höhe: 241 mm
Breite: 159 mm
Dicke: 19 mm
Gewicht
ISBN-13
978-1-911078-11-1 (9781911078111)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Freiberuflicher Redakteur
Introduction to investment funds: structures and key drivers 5
Tom Alabaster
Latham & Watkins LLP
The fund-raising process 13
Solomon Wifa
Willkie Farr & Gallagher (UK) Ltd
EU regulation of fund managers and advisers 21
Lisa Cawley
Adam Skinner
Kirkland & Ellis International LLP
US SEC investment adviser registration 35
Nancy Kowalczyk
Nabil Sabki
Latham & Watkins LLP
Taxation in the investment management space 43
Damien Crossley
Frazer Money
Macfarlanes
The limited partner's perspective 55
Kat Gregor
Raj Marphatia
Ropes & Gray LLP
Investor side letters 69
Gavin Anderson
Debevoise
Private equity coinvestment 81
David Greene
Amy Rigdon
Latham & Watkins LLP
Transactional issues for funds 93
Tom Evans
Huw Thomas
Latham & Watkins LLP
Navigating the end of life of a fund 105
Nick Benson
Latham & Watkins LLP
When funds go bad - fund related disputes 117
Jumana Rahman
Latham & Watkins LLP
Start-ups and spin-outs: establishing a credible investment advisory business and maximising success 133
Nadia Sager
Amanda Molter
Zachary Thompson
Latham & Watkins LLP
Listed investment funds 143
Jonathan Baird
Freshfields Bruckhaus Deringer LLP
Real estate funds 157
Nathaniel Marrs
Latham & Watkins LLP
John Sischo
Coretrust Capital Partners, LLC
Energy funds and their industry 167
Barton Clark
Latham & Watkins LLP
Investment funds in the energy sector 179
Charles Chipchase
Riverstone Holdings LLC
Funds and the environment: challenge or opportunity? 195
Paul Davies
Latham & Watkins LLP
Drivers for the choice of fund domicile: a focus on Ireland 207
John Gallagher
Peter Stapleton
Maples & Calder
Drivers for the choice of fund domicile: a focus on Luxembourg 223
Camille Bourke
Adrian Aldinger
Arendt & Medernach
About the authors 239
