We guide clients through every aspect of establishing and operating a private investment fund, including:

• Entity selection and fund structuring
• Drafting limited partnership agreements, operating agreements, offering memorandums, Form D filing disclosures and subscription documents
• Investment Company Act of 1940 exemption analysis and regulatory compliance
• Internal governance frameworks and investment committee structuring
• Side letter arrangement structuring and negotiation
• Ongoing fund counsel as investments are made and the portfolio evolves

Manning Fulton’s attorneys have deep experience planning, structuring, negotiating, and documenting virtually every type of private fund investment and exit, including:

• Leveraged buyouts and recapitalizations
• Management buy-ins and buy-outs
• Mezzanine investments
• Offshore feeder fund vehicles
• Club deals
• Early-stage venture and angel investments
• Portfolio company due diligence and acquisitions
• Later-stage growth investments
• Divestiture and spin-offs
• Restructurings
• Exit transactions

Manning Fulton frequently serves as outside counsel to portfolio companies of our private equity clients — providing the full range of legal services a growing company needs under one roof, including:

• Corporate governance
• Executive compensation
• Intellectual property
• Debt and equity financing
• Joint ventures
• Real estate
• Litigation

Our private equity and fund formation attorneys represent funds and investors across a broad and evolving range of industries and asset classes, including:

• Data centers and digital infrastructure
• Artificial intelligence (AI) driven ventures
• Biotechnology and life sciences
• Senior living and healthcare
• Real estate and real estate funds
• Mobile and technology
• Traditional industries and established business sectors