Month: July 2026
Primer: Side Letters in Private Equity and Venture Capital Funds
We are often asked what side letters are, why they exist and how fund managers should think about them when raising a private equity or venture capital fund. The question sounds simple, but side letters sit at the intersection of fundraising leverage, investor regulation, tax sensitivity, operational administration, most favored […]
Primer: Handling Senior Partner Departures in Private Equity and Venture Capital Firms
We are often asked what a private equity or venture capital firm should do when a founder, senior investment professional or other important partner leaves the firm. Sometimes the departure is orderly. A founder retires after a long transition. A senior partner moves into an advisory role. A partner steps […]
Primer: Planning for Senior Partner Transitions in Private Equity and Venture Capital Firms
We are often asked how private equity and venture capital firms should think about the retirement or transition of founders, senior investment professionals and other long-serving partners. Sometimes the question is asked directly. A founder is approaching retirement age. A senior partner wants to step back from full-time investment activity. […]
Primer: Reporting, Valuation and Information Rights in Private Equity and Venture Capital Funds
We are often asked what information private equity and venture capital (VC) funds are required to provide to investors. The answer is less about a single reporting checklist than about balancing transparency, confidentiality, valuation judgment and the manager’s ability to operate the fund. Private equity and venture capital funds are […]