In This Presentation:
- Agenda
- Typical Fund Structure
- Typical Fund Waterfall
- Fund Economics- Nuances
- LPA Provisions
- Fund Due Diligence
- Legal Landscape
- PEI Survey
- What’s the SEC been talking about?
- What’s the SEC been saying?
- Hot Topics re Expenses
- SEC Positions
- SEC Response – Clear Energy Capital
- SEC Response – Operational Integration
- SEC Response - Lincolnshire
- What’s Next ---- “Never to Me…”
- What’s Next – the Winds of Change
- Questions & Answers
- Excerpt from Fund Economics- Nuances:
• Manager Benefits
- fee waivers credited to capital contributions
- fee free/ carry free investing
• Deal by deal economics
- At the fund or at the GP
• Special Allocations
- Blocker and AIV structures for particular investors
- LP triggered expenses
... claims, books and records requests, special reporting
Please see full publication below for more information.