SECURITIES AND OTHER FINANCIAL PRODUCTS
PRIVATE EQUITY FUNDS FORMATION AND OPERATION Stephanie R . Breslow and Phyllis Schwartz ( Schulte Roth & Zabel LLP )
MUTUAL FUNDS AND EXCHANGE TRADED FUNDS REGULATION
Edited by Clifford E . Kirsch ( Eversheds Sutherland ( US ) LLP )
This two-volume treatise offers professionals who work at or advise mutual and exchange-traded funds an in-depth look into the Securities and Exchange Commission ( SEC ) and Department of Labor ( DOL ) rules that impact these funds . The editor , a frequent Practising Law Institute contributor , shares practical perspectives from his decades of work at the SEC and as a leading U . S . broker-dealer / adviser .
Readers will discover insights on taxation considerations , prospectus delivery and disclosure standards , safe harbors , valuation practices , compliance concerns , conflicts of interest , contract drafting , marketing , and inspector request response strategies . They can also access sample compliance calendars when structuring programs .
Practitioners and professionals must be proactive around ever-changing regulations . PLI ’ s Upkeep Service will help you confront the dynamic developments impacting mutual and exchange-traded funds .
2 looseleaf volumes , 2,576 pages , $ 702 , Item # 32842 , ISBN 978-1-4024-1691-0 , Updated annually or as needed
CONTENTS
VOLUME 1 PART I : FUND FORMATION AND STRUCTURE Chapters 1 – 3
PART II : REGISTRATION AND DISCLOSURE Chapters 4 – 5A
PART III : REGULATION OF THE ADVISER AND THE FUND PORTFOLIO Chapters 6 – 13B
PART IV : CORPORATE GOVERNANCE Chapters 14 – 15
PART V : FUND ADMINISTRATION Chapters 16 – 18
PART VI : MARKETING AND DISTRIBUTION Chapters 19 – 23
PART VII : COMPLIANCE , INSPECTIONS , AND RECORD-KEEPING Chapters 24 – 29
PART VIII : TAX AND ACCOUNTING Chapters 30 – 31
PART IX : EXCHANGE TRADED FUNDS AND OTHER TYPES OF REGISTERED INVESTMENT COMPANIES Chapters 32 – 34
VOLUME 2 Chapters 35 – 35C
PART X : OTHER REGULATIONS Chapters 36 – 40
PART XI : SPECIAL TOPICS Chapters 41 – 46
Table of Authorities Index
This treatise introduces readers to the skills and knowledge required to structure , run , and staff private equity funds . Written by expert private equity fund specialists from Schulte Roth & Zabel LLP , this book details the regulatory pitfalls and compliance pointers that anyone who counsels or manages private equity funds should know .
Practitioners and private equity fund professionals will receive guidance tailored to different private equity fund categories , including private investment in public equity , special purpose acquisition companies , mezzanine funds , and credit opportunity funds . They will find pointers on organizational options , ownership , compensation , fund sponsor and investor negotiation terms , talent management , exemptions , liability pitfalls , and more .
This guide includes useful forms addressing common agreements , registration statements , and organizational paperwork .
Don ’ t be left behind as new private equity legal developments arise . PLI ’ s Upkeep Service can help you stay ahead of the curve .
1 looseleaf volume , 946 pages , $ 490 , Item # 173022 , ISBN 978-1-4024-2750-3 , Updated annually or as needed
CONTENTS
1 Introduction to Private
Equity Funds 2 Hybrid Funds 3 Co-Investing with Private
Equity Funds 4 Terms of Private Equity Funds 5 Organizational Options for
Funds and Their Sponsors
6 Ownership and Compensation Arrangements for Fund Sponsors 7 Employment Matters 8 Fund Documentation 9 Adopting a Compliance
Program 10 Securities Act of 1933 11 Investment Company Act of 1940 12 Investment Advisers Act of 1940 13 Other Regulations Affecting
Funds and Sponsors 14 ERISA 15 Anti-Money Laundering 16 Seed Investors and Other Strategic Investors
Appendices
A Limited Partnership Agreement B Investment Management
Agreement C Guarantee D Corporate Law : Fund Counsel ’ s Opinion Letter to Fund Limited Partners
E Securities Law : Fund Counsel ’ s Opinion Letter to Fund Limited Partners
F Tax Law : Fund Counsel ’ s Opinion Letter to Fund Limited Partners
G Certificate of General Partner in Connection with Tax Law Opinion Letter from Fund ’ s Counsel
H Delaware Limited Liability Company , Certificate of Formation
I Delaware Limited Partnership , Certificate of Limited Partnership J Side Letter Agreement K Transfer Agreement L Term Sheet M Sample Amendment Procedure N Subsequent Closings
Language
O Miscellaneous Covenants for Partners of ( General Partner / Manager )
P Excerpts from a Subscription Agreement
Q Comparison of Hedge Fund and Private Equity Terms
R Institutional Limited Partners Association — Private Equity Principles
Table of Authorities Index
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