Side Letters for Private Equity Funds
In privately offered funds, side letters with investors continue to be a common phenomenon. Even though these seemingly simple agreements are more and more common, and in many cases are a condition to an investor committing to the fund, side letters can give rise to significant practical and legal issues for funds, their ,operators and their legal advisers.
It is for this reason that many managers have a love/hate relationship with side letters. This course will provide a practical look at the side letters, common issues that arise with them, and some suggestions as to how to resolve the problems associated with these documents from an offshore perspective.
11 Apr, 2019Courses