Private Funds

In the dynamic realm of investment funds, Loeb & Loeb’s Private Funds group alleviates the challenges investors and sponsor groups face by delivering timely and comprehensive solutions. From fund formation and investment structuring to portfolio company management, exit strategies and complex financing arrangements, our experienced team ensures efficiency and a unique, collaborative approach, transforming obstacles into opportunities for our clients.

Private equity demands industry insight and a strategic legal approach. Loeb’s Private Funds team brings together a comprehensive knowledge of the private equity business and clear legal advice. Our lawyers have diverse backgrounds in corporate, capital markets, tax, ERISA, regulatory, 501(c)(3), employment, estate planning, intellectual property, real estate, energy and environmental matters. This multidisciplinary approach enables us to customize services, ensuring holistic legal representation for our fund clients. 

Sponsor Groups

Dedicated to assisting sponsors in forming and managing various funds, both domestic and international, our lawyers advise on private equity funds, venture capital funds, debt funds, hedge funds, funds of funds, secondary funds, real estate funds, film finance funds and other investment vehicles. 

Our services extend to structuring and drafting fund formation documentation, including management company and general partner-level documentation, fund-level limited liability company and limited partnership agreements, offering materials, management and subscription agreements, and side letters. Once a fund is formed and has raised its capital, we represent funds and their sponsor groups as they invest capital, from initial equity and debt transactions to workouts, restructurings, growth capital transactions, recapitalizations, IPOs and divestments. We also represent portfolio companies of our financial sponsor clients in their day-to-day needs and their add-on acquisitions and exit transactions.

In addition, we have experience working with fund managers and principals of sponsor groups on estate planning with regard to their investment funds, including carried interests, using a variety of tax planning techniques.

With our understanding of the complexities of corporate governance, regulatory compliance, 501(c)(3) matters and risk management, our services extend to compliance, investigative, policy and regulatory matters, advising on federal and state securities matters as well as registered investment adviser (RIA) issues. We guide funds on RIA registration, exemptions and compliance, helping clients fulfill obligations amid heightened regulatory scrutiny. 

Our Tax team provides practical, business-savvy tax counsel on structuring, negotiating and documenting fund formations and investment transactions to maximize tax efficiency and accomplish business goals. Our Tax lawyers are well-versed in the issues relating to investment funds, including issues with respect to unrelated business taxable income (UBTI) in the United States, effectively connected income (ECI) and strategies designed to mitigate UBTI and ECI.

Investors

Our Private Funds lawyers advise institutional investors, funds of funds, family offices, private foundations, high net worth individuals, and other U.S. and non-U.S. investors in connection with their investments in funds of all sizes, asset classes, industries and investment strategies, whether directly in a fund or through a feeder fund, a parallel fund, a sidecar investment vehicle or an alternative investment vehicle. We also advise our clients with respect to separately managed accounts, secondary purchases and sales, co-investment opportunities, and other investment vehicles.

Each year, we evaluate a wide range of investments across diverse funds, giving us deep insight into market terms and emerging trends in the fund space. Our practical approach helps investor clients achieve their investment objectives while fostering strong, collaborative relationships with sponsor groups.