Private Equity: Limited Partners
For more than two decades, our fund lawyers have actively represented institutional investors and their advisors—including public and private pension funds, sovereign wealth funds, endowments, funds of funds, foundations, and large family offices—on a broad range of matters relating to their investments as limited partners in private funds and a variety of bespoke investment vehicles.
On behalf of these investor clients, we have reviewed and negotiated the terms of thousands of limited partner investments in all types of private funds. This breadth and depth of perspective means that we have seen the entire spectrum of fund structures and related terms, enabling us to combine savvy advice on regulatory, tax and other legal matters while also providing practical insights on cutting-edge market terms and trends.
On 3 December 2024, Judge Amos Mazzant of the Eastern District of Texas issued a nationwide preliminary injunction with respect to the Corporate Transparency Act (CTA), enjoining enforcement of the CTA as well as the implementing Treasury regulations, and staying the 1 January 2025 reporting deadline until further order of the Court.
In the October edition of The Essentials, we summarize key provisions of California employment laws that took effect in 2024 and those that will take effect in 2025.
On 22 December 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments (the final rule) to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Advisers Act) to modernize the regulation of investment adviser advertising and solicitation practices.
In a landmark ruling with far-reaching consequences for federal agencies and the regulated community, the Supreme Court overturned the 40-year-old Chevron doctrine.