Primers
Primer: Carried Interest in Private Equity and Venture Capital Funds
We are often asked about the prevalent market options for structuring carried interest provisions in private equity and venture capital funds. In this post, we’ll speak of mainstream private equity and venture capital funds, so to speak. Terms differ in special situations, like co-investment funds, continuation funds, top-up funds, funds […]
Primer: Selecting the Domicile for Your Private Equity or Venture Capital Fund
We are often asked, by both new and established managers of private equity and venture capital funds, “Where should I form my next fund?” The answer is, in many cases, Delaware or the Cayman Islands. For managers seeking reputable institutional capital across the United States, Europe, Asia, Latin America, the […]
Primer: U.S. Tax Considerations for Venture Capital Funds
We are frequently asked by our fund manager clients about what tax issues they should consider when forming a new venture capital fund or investing in portfolio companies. In this post, we outline a few key considerations for fund managers, highlighting changes included in the Tax Cuts and Jobs Act […]
Primer: Why Trademark Protection is Important for Venture Capital Firms
We’re a VC firm – we don’t sell consumer products – why do we need to care about trademarks? For any business, one’s good name is one of its most essential assets. That is especially true in venture capital, where, according to a 2004 study[1], firms with high reputations are […]
A Primer on “Freedom of Information Act” (FOIA) Issues for VC Fund Managers
In the United States, at both the federal and state level, investors that are public agencies (such as state and local government employee pension funds, public university endowments, etc.) are usually subject to rights of members of the public to request information about their activities by way of a “freedom […]