Overview
Our thorough understanding of private equity fund formation and the needs, not only of the manager but also of potential investors, enables us to advise on terms and structures which optimise legal and commercial outcomes for managers, while being readily marketable and acceptable to potential investors.
We have provided longstanding support to the private equity industry, including:
- dealing with the reforms to state limited partnership legislation to facilitate the use of venture capital limited partnerships
- preparing the industry standard limited partnership deed for the Australian Private Equity and Venture Capital Association, and
- by preparing the publication by the Australian Private Equity and Venture Capital Association on why and how to invest in private equity.
Our expertise covers a broad range of wholesale, retail and multijurisdictional fund structures, including parallel unit trusts, parallel offshore funds, feeder funds, funds of funds, pooled development funds, innovation investment funds, pre-seed funds, directly managed funds and venture capital limited partnerships.
We have advised on the establishment and investment in over 100 private equity funds totalling more than A$10 billion.