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Investment Funds

Overview

Whether you are starting your first investment fund or planning for your fourth or fifth, Parker Poe has the legal sophistication, practical know-how, and industry connections to help investment managers achieve their goals.

The leader of our Investment Funds Team, Michael Kelley, approaches each one from the perspective of in-house counsel. He is the former general counsel of EMP Global, where he oversaw approximately $8 billion in assets across 10 different investment funds. He has also served on investment committees and advisory boards for funds, as well as boards of directors for project companies, in Latin America, the United States, Canada, Asia, and the Middle East.

That type of real-world business experience enables us to provide more than legal counsel – we serve as business partners to early stage and middle stage investment managers. We represent both inbound and outbound investors on the structuring, documentation, issuance, and management of onshore and offshore funds, including providing counsel on regulatory compliance and best practices. Our perspective on best practices goes beyond the legal nuts and bolts to also include managing the economics of an investment team, aligning incentives with investors’ interests, and navigating the latest trends in the investment funds arena.

We bring experience across a range of industries, including real estate, health care, technology, litigation finance, infrastructure, and blockchain, as well as asset classes, including seed investing, venture capital, private equity, and social impact investing.

Representative Experience

  • Represented both inbound and outbound investors in funds ranging from $5 million to several billion dollars using both onshore and offshore master-feeder fund structures and parallel investment funds.
  • Creatively used grants and first-loss capital tranches for enhancing investor returns for “for-profit” social impact funds.
  • Advised Japanese conglomerate and structured investment funds in excess of $750 million for monetization of U.S. commercial real estate assets.
  • Advised tech entrepreneurs in forming investment fund focused on investing in innovative, next-generation blockchain products.
  • Counseled a social impact investment fund management group on all investment fund and compliance matters for funds providing loans for the provision of clean water and sanitation in emerging markets.
  • Advised multiple investment fund managers pursuing commercial, residential, and mixed-use real estate investment opportunities for funds. 
  • Advised general partners regarding investment funds focused on middle-market buy-out opportunities and growth equity investments, including in the health care sector.
  • Formed investment funds for litigation finance providers in excess of $1.5 billion.
  • Structured acquisitions, mergers, and buy-outs of broker-dealers and investment advisers.
  • Regularly counseled on compliance matters for U.S.-based funds and investment advisers.

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Professionals

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