Private Equity Funds
Our fund formation lawyers advise fund sponsors on all aspects of private equity and venture capital funds around the world. We advise sponsors ranging from emerging managers raising US$10 million to institutional managers raising over US$5 billion. 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, based on the industry and asset class of the fund.
Our global advisory team provides regulatory, global distribution, and investment management advice to startup and established fund sponsors across the entire private fund lifecycle, including regulatory compliance, government enforcement, global distribution, trading, and the ongoing operations of funds and their sponsors.
We work across practices to advise fund sponsors and investors across the full spectrum of asset classes on the myriad issues faced by sponsors of these private investment funds.
Clients rely on us for:
- Fund structuring, including parallel funds, separate accounts, and co-investment vehicles
- Drafting and negotiation of fund documents, including side letters with investors
- Drafting and negotiation of service provider agreements, including with placement agents, auditors, and administrators
- Drafting and negotiation of agreements with venture partners and operating partners
- Local and global distribution requirements
- Operational matters, including cybersecurity, employment and compensation matters, and tax planning
- Carried-interest arrangements and other compensation plans
- Spin-outs from existing managers
- Regulatory compliance, including preparing and providing ongoing advice regarding compliance policies and procedures
- Marketing material review
- Securities law filings
- Secondary transfers
Additional Thought Leadership Pages
28 February 2024
First Steps in Preparing for the SEC Private Fund Adviser Quarterly Statement Rule
Event
15 February 2024
Chambers Global 2024 Guide Ranks K&L Gates Lawyers, Practices
Rankings & Recognitions
2 January 2024
K&L Gates Names Nearly 30 Partners, Government Affairs Advisors Across Firm
Press Release
2 November 2023
Best Law Firms Again Recognizes K&L Gates as Corporate "Law Firm of the Year," One of More Than 180 First-Tier Practice Rankings for Firm
Rankings & Recognitions
4 October 2023
K&L Gates Practices, Lawyers Recognized in The Legal 500 UK 2024 Edition
Rankings & Recognitions
17 August 2023
Nearly 400 K&L Gates Lawyers Named Among 2024 Best Lawyers in America, Ones to Watch
Rankings & Recognitions
26 June 2023
K&L Gates Strengthens Asset Management and Investment Funds Practice with Chicago Partner Addition
Press Release
7 June 2023
The Legal 500 Recognizes K&L Gates Practices, Lawyers in 2023 United States Edition
Rankings & Recognitions
4 January 2023
K&L Gates Expands Global Footprint, Financial Services Client Offerings with Establishment of Dublin Office
Press Release
5 December 2022
AIMA APAC Webinar: "Japan Rising: Update on IFC Policy and ESG Developments," Hosted by AIMA
Event
30 September 2022
K&L Gates Ranked in 30 Categories in The Legal 500 UK 2023 Edition
Rankings & Recognitions
8 June 2022
K&L Gates Practices and Lawyers Recognized in The Legal 500 United States 2022 Edition
Rankings & Recognitions
1 June 2022
K&L Gates Receives Firm, Individual Rankings in 2022 Chambers USA Guide
Rankings & Recognitions
29 March 2022
Acorns of APAC - Emerging Manager Outreach 2022, Hosted by the Alternative Investment Management Association
Event
1 March 2022
K&L Gates Names Nearly 40 New Partners, Of Counsel, and Government Affairs Advisors Across Firm
Press Release
25 February 2022
Social Media Usage Under the SEC's New Marketing Rule: What Fund Managers Should Know, hosted by the Alternative Investment Management Association
Event
10 January 2022
K&L Gates Advises Blue Point Capital Partners on Platform Investment in National OnDemand
Noteworthy Work
20 December 2021
The Wall Street Journal: Coming to Terms: Private-Equity Investors Face Rising Costs, Extra Fees
Media Mention
29 November 2021
AIMA Japan Annual Forum 2021, hosted by Alternative Investment Management Association (AIMA)
Event
9 November 2021
Using Provider Sponsored Health Plans to Align Mission with Margin, hosted by The Health Care Financial Management Association
Event
18 October 2021
K&L Gates Advises Churchill Asset Management on Pair of Private Equity Investment Funds Totaling U.S.$1.5 Billion
Noteworthy Work
6 October 2021
K&L Gates Ranked in Nearly 30 Categories in the 2022 Legal 500 UK Guide
Rankings & Recognitions
31 August 2021
K&L Gates Adds New York Partners in Firm's Asset Management and Investment Funds, Corporate Practice Areas
Press Release, Practice & Regional News
6 July 2021
K&L Gates Continues Strategic Growth, Combining with Luxembourg Firm Volckrick & Associates to Establish Firm's Eighth European Office
Press Release, Practice & Regional News
29 June 2021
K&L Gates Advises Apis & Heritage Capital Partners on Creation of Innovative Legacy Fund
Noteworthy Work
25 June 2021
K&L Gates Asset Management and Investment Funds Practice Ranked in 2021 Legal 500 United States Guide
Rankings & Recognitions
22 June 2021
Finders and Unregistered Broker-Dealers: Understanding the Risks, hosted by Strafford
Event
10 June 2021
The AIMA APAC Annual Forum 2021, hosted by Alternative Investment Management Association
Event
31 March 2021
K&L Gates Selects 2021 Leadership Council on Legal Diversity Fellow and Pathfinders
Press Release
5 November 2020
K&L Gates Again Among Top 10 Firms for Most First-Tier Rankings and Named "Law Firm of the Year" for Litigation - Environmental in U.S. News "Best Law Firms" 2021
Rankings & Recognitions
3 August 2020
K&L Gates Enhances Funds and M&A Practices with New Partner Trio in Hong Kong
Press Release, Practice & Regional News
