Alternative Private Equity Funds: Pledge Funds, Managed Accounts, Deal-by-Deal Co-Investments and Other Hybrids
Structuring and Negotiating Alternative Funds for Investment Managers and Investors
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will analyze the current state of the investment market that has given rise to alternative funds such as industry pledge funds, managed accounts, deal-by-deal structures, and other combo funds blending features of blind-pool/committed and pledge funds. The panel will review the pros and cons of these alternative structures and discuss how they fit in the current regulatory landscape since the Dodd-Frank Wall Street Reform and the Consumer Protection Act.
- Pledge funds
- Background and structure
- Terms and conditions
- Management fees
- Carried interest
- Pledge fund operations: timing and investment process
- Other alternative fund structures
- Separately managed accounts
- Deal-by-deal co-investment structures
- Combo fund (hybrid between traditional blind-pool/committed and pledge fund)
The panel will review these and other key issues:
- What market factors have caused investors to look more closely at more direct investments?
- What advantages do pledge funds present for investors?
- How do the various alternative investments compare and contrast with respect to the goals and needs of the investor?
Vinson & Elkins
Mr. Proctor focuses on advising investment managers in connection with various aspects of their businesses, including... | Read More
Mr. Proctor focuses on advising investment managers in connection with various aspects of their businesses, including structuring, establishing, and operating private investment funds and other investment management products; developing and maintaining compliance programs; negotiating joint ventures and seeding arrangements; and making investments.Close
Vinson & Elkins
Mr. Seber's principal areas of practice are private equity and privately negotiated mergers and acquisitions. He... | Read More
Mr. Seber's principal areas of practice are private equity and privately negotiated mergers and acquisitions. He has represented numerous investment funds and corporate clients in different sectors of the energy industry and a wide spectrum of other industries, including technology and financial services. His extensive private equity experience covers the full transactional cycle of investment funds, ranging from fund formation to acquisitions, recapitalizations, minority investments, complex equity arrangements, and exits. He teaches classes on “Oil and Gas Law and Governance” and “Energy Deals" at New York University.Close