Investment Funds and Investment Management: Moore & Van Allen

Overview

Fund Formation

We advise domestic and international private investment fund sponsors and managers across private equity, venture capital, private credit, hedge fund and real estate asset classes, offering counsel from both a legal and commercial perspective. Our team supports fund sponsors and managers throughout the entire fund formation lifecycle, from legal and tax structuring to marketing, negotiating fund terms, drafting governing documentation, ensuring regulatory compliance, managing investment execution, and, where appliable, facilitating portfolio company exits through private sales and public offerings.

We also serve as outside general counsel to fund sponsors and managers and provide counsel on a wide range of operational matters, including: firm governance; succession planning; founder estate planning; labor and employment matters; platform expansion; and SEC investment adviser registration, regulation, and compliance.

Our fund formation practice is enhanced by our full-service platform. We collaborate closely with our Tax, ERISA & Employee Benefits, Fund Finance, Financial Services, Financial Regulatory Advice & Response, Commercial Real Estate, and Securities and Capital Markets teams to provide seamless and integrated support to our clients during fund formation and launch, through deployment and exit.

Investor Representation

We represent a diverse range of domestic and international institutional investors, including financial institutions, insurance companies, private foundations, Fortune 500 companies, and family offices in connection with their investment programs. Our services include the review, negotiation, and documentation of fund investments, co-investments, and the creation of separately managed accounts and other bespoke strategic investment relationships

By advising both sponsors and investors, we bring valuable market insights to every transaction. Our team also offers tailored guidance on regulatory and tax issues specific to each investor, including ERISA, tax-exempt status, non-U.S. considerations, and the investment limitations, restrictions and compliance requirements associated with investments by banks and bank holding company regulations.

Emerging Managers, Independent Sponsors, and Search Funds

Our team has extensive, cross-platform experience providing full-service legal advice to emerging or first-time managers, independent or fundless sponsors, and search funds. We offer practical, actionable solutions to entrepreneurs and serial investors, helping our clients navigate the unique challenges of deal-specific fundraising and acquisitions. We leverage our experience with advising traditional fund sponsors to guide emerging managers and independent sponsors through the process of launching their first committed fund platforms. We also leverage our global network of private fund sponsors and managers to make valuable introductions when appropriate and mutually beneficial.