
Private Equity: Fund Formation
Our fund formation lawyers advise fund sponsors on all aspects of private equity funds throughout the world. We advise sponsors ranging from emerging managers raising US$10 million to institutional managers raising more than US$5 billion.
With an appreciation for the need to tailor advice based on the industry and asset class of the fund, we work with our clients to identify and implement the most appropriate structure for organizing their business and fund offerings, including selecting the optimal jurisdiction and legal structure.
On 10 March 2023, the financial world was rocked by the collapse of Silicon Valley Bank, a choice institution for tech startups and venture capitalists.
On 13 March 2023, Governor J.B. Pritzker signed the “Paid Leave for All Workers Act” (the Act), which guarantees that Illinois workers can earn or accrue up to 40 hours of paid leave per year that may be used for any reason.
Late last year, Congress enacted a sweeping set of new retirement savings rules. The SECURE 2.0 Act of 2022 (SECURE 2.0), included as part of the Consolidated Appropriations Act, 2023, builds on the significant retirement savings changes previously enacted by the original SECURE Act of 2019.
The FDIC put Silicon Valley Bank into receivership today, 10 March 2023, in what was the largest bank failure since the 2008 financial crisis - and the second largest bank failure in U.S. history. Our cross-practice team discuss the ramifications for depositors, borrowers, and others.