Robinson+Cole's investment management clients engage in an evergreen cycle of raising capital, investing capital, and harvesting those investments. In connection with this cycle, our lawyers act as advisers to private equity and venture capital firms and other fund sponsors, including financial institutions that, directly or as limited partners, provide debt and equity capital for private equity transactions. Our lifecycle relationships with our clients allow us to develop a deep understanding of our clients' businesses and investment objectives so we can tailor pragmatic solutions to often complex problems.
We advise all types of funds and their sponsors, regardless of the geographic or industry focus, including traditional private equity funds, buyout funds, co-investment funds, hedge funds, mezzanine funds, real estate funds, and venture capital funds, with an emphasis on funds exempt from registration under the Investment Company Act of 1940.
We work closely with sponsors to:
• Prepare offering materials
• Draft and negotiate partnership agreements, side letters, and management agreements
• Review subscriptions
• Provide ongoing compliance and reporting advice through and after the final closing
We provide experienced and sophisticated advice regarding the development and execution of investment and exit strategies, as well as the creation of value through acquisitions, divestitures, and innovative financing techniques. Our practical experience includes a broad array of transactions, including:
As part of our comprehensive representation of fund sponsors, we advise clients on compliance issues associated with the increasingly complex regulatory regimes that apply to investment funds, including advice and guidance with respect to the registration of investment advisers and ongoing operations issues that arise under the Investment Advisers Act of 1940 and its related rules and regulations, as well as similar state regulatory regimes.
Our investment management lawyers have decades of experience and contacts throughout the industry. We have represented prominent sponsors in the formation of their funds, including some with commitments exceeding $1 billion.
Represented sponsor in connection with the formation of an open-ended hedge fund, including parallel offshore vehicles, focused on investments in CLOs.
Represented Oxford Bridge Management in connection with its various fund and internal governance agreements.
Represented Graycliff Partners LP in connection with secondary sales of interests in its portfolio companies.
Represented RiverOak Investment Corp. in connection with the formation of a real estate fund focused on residential and mixed use properties in the New York City metropolitan area.
Represented Factset, Inc. in connection with its capital commitment in a venture fund.
Represented Westport Capital Partners in connection with certain equity investments.
Represented Developing World Markets in connection with its various fund and internal governance agreements.
Represented fund principal in connection with his separation from international infrastructure and energy fund sponsor.
Represented Enhanced Capital Connecticut Fund LLC and affiliated funds and Stonehenge Capital Fund Connecticut II, LLC and related funds in connection with Connecticut legal matters related to the sale of state tax credits.
Represented Greenwich Investment Management in connection with general matters, including matters under the Investment Advisers Act.