Corporate Sponsorship of Investment Funds: Structuring an Integrated Fund, Control and Governance Issues
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will discuss the structuring of investment funds when sponsored by a corporate enterprise with a core business separate from fund investment. The panel will discuss the strategic advantages of corporate sponsorship, terms that may vary in fund agreements with a corporate sponsor, and governance issues that the corporate sponsor and the fund must consider.
Outline
- Corporate affiliated managers: key attributes
- CSFs compared to typical private funds
- Corporate sponsor strategic investments
- Advantages of CSFs for investor LPs
- Key fund agreement terms
- Governance and fund oversight
Benefits
The panel will review these and other key issues:
- In what respects is a CSF advantageous to the corporation in seeking outside investment opportunities?
- How do investors benefit from corporate sponsorship?
- What issues related to corporate sponsorship need to be addressed in the fund agreement?
- What are the key governance protocols that should be incorporated in CSF decisionmaking and operations?
Faculty
John M. Caccia
Partner
Skadden Arps Slate Meagher & Flom
Mr. Caccia represents sponsor and investor clients in the formation and capitalization of a broad range of U.S. and... | Read More
Mr. Caccia represents sponsor and investor clients in the formation and capitalization of a broad range of U.S. and offshore private funds and related financing, acquisition and disposition transactions. His practice focuses on the representation of sponsors in structuring, negotiating and capitalizing private funds and other investment vehicles, as well as the formation of related U.S., offshore and multinational investment advisory and management entities of private funds. Mr. Caccia represents sponsors in the formation and capitalization of funds active in U.S. and international debt and equity markets with a broad range of institutional investors and other investors, including funds with investment mandates covering debt, energy, leveraged buyouts, venture, growth equity, fund of funds, mezzanine and distressed assets. He regularly speaks on the subject of private funds in the capital markets, including at Fordham University, New York University, Bocconi University in Milan, The Rotman School of Management at the University of Toronto and the University of Oxford.
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Greg Norman
Partner
Skadden Arps Slate Meagher & Flom
Mr. Norman’s practice includes advising fund managers and investors on the structuring, marketing, establishment... | Read More
Mr. Norman’s practice includes advising fund managers and investors on the structuring, marketing, establishment and operation of investment funds, particularly involving private equity, credit and private equity real estate funds, as well as advising on associated regulatory issues and other in-house queries, such as commercial and employment arrangements. Mr. Norman’s experience also includes mergers and acquisitions of fund management businesses and secondary transactions in fund interests, as well as a number of public and private acquisitions by private equity funds and other financial institutions.
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Anna Rips
Partner
Skadden Arps Slate Meagher & Flom
Ms. Rips represents investment advisers in connection with the structuring and distribution of U.S. and international... | Read More
Ms. Rips represents investment advisers in connection with the structuring and distribution of U.S. and international private offerings of investment funds, including hedge funds, private equity funds, hybrid funds and fund of funds and in connection with managed accounts, funds of one and investment advisory agreements. In addition, Ms. Rips represents private funds and investment advisers in structuring and negotiating seed and strategic investments, joint ventures and co-investments. Her practice also includes representation of institutional investors in all aspects of their investments in private investment funds, managed accounts and investment advisers. Ms. Rips advises clients on related general corporate and regulatory matters, such as compliance with the U.S. Investment Advisers Act, the U.S. Investment Company Act, and the rules and regulations of FINRA.
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