Fig. 01.01Private Equity / Family Office

The whole fund lifecycle, from formation to exit.

We work with private equity and family office clients at every stage of a fund: launching it, buying companies with it, running them and selling them.

Fig. 01.01 Private equityPractice 01
01Where we come inFig. 01.01A

One structure, eight places we do the work.

A typical fund has a sponsor, a general partner, a management company, the fund itself, its limited partners and the companies it buys. We work at each point.

Hover or tap a node.
Solid: ownership / control. Dashed: contract.

GENERAL PARTNER MANAGEMENT AGREEMENT OWNERSHIP SponsorPRINCIPALSN.01 GPGENERAL PARTNERN.02 Management Co.ADVISERN.03 FundLIMITED PARTNERSHIPN.04 LPsLIMITED PARTNERSN.05 Portfolio Co. APLATFORMN.06 Portfolio Co. BADD-ONN.07 Portfolio Co. CEXITN.08
Fig. 01.01A Typical fund structureSchematic
02What we doA / B / C

Formation, acquisitions and exits.

A / Fund formation and management

Launch the fund. Then keep it running well.

We help U.S. and global sponsors launch funds that can operate efficiently and flexibly. That means getting the structure, the economics and the tax position right before the first close.

After launch we stay on. The work that follows is often where a fund needs counsel most:

  • Restructurings and refinancings
  • Add-ons
  • Management incentive plans
  • Tax
  • Governance
  • Investor relations
B / Portfolio company acquisitions

Diligence first, then the documents.

We run diligence on every prospective deal, including its tax and regulatory implications. What we find shapes the structure.

From there we structure, negotiate and draft the acquisition and financing documents. Platform deals and add-ons get the same care.

C / Exits

The best upside with the least exposure.

We handle sales at the portfolio level or the fund level. Each exit is structured for the best upside with the least exposure, which starts with decisions made at formation and acquisition.

03Representative workSchedule A

Fund formations and related deals.

All of our work →

04TeamFig. 05

The lawyers in this group.

You work directly with them. We don't push client work down to junior staff.

05Contact