Planning to raise a private equity fund with your partners? It may not be your first investment vehicle, but if your new fund is larger than what you’ve worked on in the past — say, $500 million — you may find yourself navigating unfamiliar territory when dealing with institutional investors. See below for answers to what will likely be your most pressing questions about organizational expenses and legal fees.

*Originally published 10/29/2019. Updated 11/8/2022.