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 30 January 2024, the US Citizenship and Immigration Services (USCIS) published a final rule (Final Rule) increasing the premium processing fee from US$2,500 to US$2,805, increasing filing fees for I-129 and I-140 employment-based petitions, and imposing a new Asylum Program Fee for each Form I-129 and I-140 filed by employers.
On Tuesday, 23 April 2024, the Federal Trade Commission (FTC or Commission) hosted a Special Open Commission Meeting, in which the Commissioners voted 3-2 to publish and issue a Final Rule that:
Investment advisers offering funds in more than one country are accustomed to adapting to different regulatory requirements.
On 3 April 2024, the US Securities and Exchange Commission announced the first settlement with a stand-alone registered investment adviser for, among other things, failures to maintain and preserve certain electronic communications.