Fund Formation & Legal Structuring: A Comprehensive Course Event, 21.Apr.2025

Course Description

This intensive 10-day course provides a comprehensive overview of fund formation and legal structuring for private investment funds. Participants will gain in-depth knowledge of regulatory frameworks, fund structuring techniques, and key legal documents. The course covers various fund types, capital raising processes, and essential legal considerations for fund managers and investors.

Learning Objectives

• Understand the legal and regulatory landscape for private investment funds
• Master the process of structuring different types of investment funds
• Develop proficiency in drafting and analyzing key fund documents
• Navigate complex legal and tax considerations in fund formation
• Gain practical skills in fund governance and investor relations

Course Modules

Day 1: Introduction to Private Investment Funds

• Overview of private equity, venture capital, and hedge funds
• Regulatory framework for private funds
• Key players in the fund ecosystem
• Fund structures and jurisdictions

Day 2: Fund Formation Process

• Steps in launching a private fund
• Choosing the right legal entity
• Regulatory filings and registrations
• Timeline and budget considerations

Day 3: Fund Structuring Techniques

• Limited partnerships and other legal structures
• Onshore vs. offshore fund considerations
• Master-feeder and parallel fund structures
• Tax-efficient structuring strategies

Day 4: Key Legal Documents I

• Private placement memorandums (PPMs)
• Limited partnership agreements (LPAs)
• Subscription agreements
• Side letters

Day 5: Key Legal Documents II

• Investment management agreements
• Advisory agreements
• Service provider agreements
• Confidentiality and non-disclosure agreements

Day 6: Capital Raising and Investor Relations

• Marketing regulations and restrictions
• Investor due diligence processes
• Negotiating with institutional investors
• Ongoing investor reporting requirements

Day 7: Fund Terms and Economics

• Management fees and carried interest structures
• Waterfall calculations and clawbacks
• Expense allocations and fee offsets
• Performance reporting and valuations

Day 8: Regulatory Compliance

• Investment Advisers Act requirements
• Anti-money laundering (AML) compliance
• FATCA and CRS reporting
• ESG considerations and impact investing

Day 9: Fund Governance and Operations

• Roles of general partner and investment manager
• Advisory boards and committees
• Conflicts of interest management
• Operational due diligence best practices

Day 10: Advanced Topics and Trends

• Co-investment structures
• Secondary transactions and GP-led restructurings
• Fund finance and subscription credit facilities
• Emerging trends in fund structures and terms

Practical Wins for Participants

• Ability to structure a private investment fund from inception to launch
• Proficiency in drafting and negotiating key fund documents
• Enhanced understanding of regulatory compliance requirements
• Improved skills in fund governance and investor relations management