A question that clients often ask us when preparing to start their hedge fund is what licenses the principals need to manage or market the fund. The answer depends on several factors, which are discussed below. Investment adviser registration: If the hedge fund that you will be managing has $150 million or more in assets,...
If you have decided to start a private equity fund, hopefully you have taken some time to consider how you will be compensated for managing the fund and making successful investments. Following are some of the more common fee structures used by sponsors of private equity funds: Management fee: The management fee is commonly charged...
Initial coin offering, security token offering, or initial token sale – whatever you call it, there are important legal issues to consider when selling digital assets or digital coins. Initial coin offerings are all the rage for companies looking to raise capital for projects. According to Coindesk there were almost 350 ICOs in 2017, and...
Buying real estate is a popular way to invest. Most real estate investments offer steady returns with the potential for significant capital appreciation. However, real state investments are capital intensive. As a result, many commercial real estate sponsors seek to raise funds from investors in order to purchase real estate. Following are some of the...
