Private Equity Funds - De-Mystifying Key Terms, Market Standards & More

Introduction

Private equity continues to be a leading alternative investment asset class and most investors will access this through some combination of making primary commitments to third party managed private equity funds, co-investments alongside those funds in deals, and secondary transactions acquiring stakes in funds from existing investors.

Private equity funds involve complex tax, regulatory and legal considerations and this new virtual classroom seminar will de-mystify the structuring process, explaining how to approach the different fund structures and to ensure that your interests are protected.

What You Will Learn

This live and interactive course will cover the following:

• An overview of the objectives of managers and investors in structuring private equity funds
• Key terms of private equity funds, broken down into:
• Investment-related terms
• Economics
• Governance
• Boilerplate
• A guide to market standards for key terms
• An overview of hot topics including changes to existing fund terms as well as recent developments such as approaches to NAV facilities, GP-led restructurings, and continuation vehicles
• Guidance on co-investments including participation in a co-investment deal - what to expect and how it differs from the fundraising activities in terms of process, economics and governance
• Advice on the most favoured nations side letter process - what to expect and how to navigate it, as well as the interaction between the limited partnership agreement, the subscription agreement and side letters
• Advice on the impact of recent regulatory actions on fund terms including increased disclosure following enforcement action

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.