You need experienced counsel to handle the legal, regulatory, and structuring issues so you can focus on raising capital, sourcing deal flow, and getting deals done. We’re here to make that happen. Sounds simple, but what it really takes is lawyers so attuned to our private equity clients’ business and goals that it just looks that way.
A key focus of Carrington Coleman’s private equity team is serving as outside general counsel to private equity and other investment firms on all matters ranging from the launch of your firm to the acquisition and disposition of your portfolio investments and everything in between.
The business of private equity from “soup to nuts”
Because Carrington Coleman is a full-service firm with extensive experience in transactions of every kind, we can take care of your firm as it grows, well beyond the formation of your first fund. Our lawyers can assist you with all of your legal needs, including fund formation, capital raising, debt financing, regulatory compliance, and portfolio transactions of every kind. And because we come to know so well not only our private equity clients, but also their portfolio businesses, we often serve as de facto general counsel for both the private equity firms and their portfolio companies.
The Carrington Coleman approach
We focus our practice on representing firms investing primarily in middle market companies. Our special place in the market is defined by the fact that we’re more efficient than the big national firms, with their high fees, over-staffing with junior lawyers, and cookie-cutter approach to transactions. At the same time, our clients look to us for an ongoing relationship because of the array of capabilities we provide that boutique private law firms just can’t match. Our efficiency derives from our ability to provide lean, dedicated deal teams, and ensure that everyone on the team knows the client and understands each deal from top to bottom.
You’re looking ahead. We are too.
Apart from changes in the market, changes in the regulatory landscape are what keep you – and us – up at night. Keeping you informed of what’s ahead helps remove uncertainty and facilitate planning. Among the regulations we’re closely watching are the SEC’s current focus on private funds and proposed additional regulations. Not only do we keep you informed, we provide feedback on proposed changes to the regulators themselves, who may not fully grasp their unintended regulatory consequences.
Investment Fund focused on Crypto Startups
Client Issue: Launching a hybrid fund to invest in crypto currencies and blockchain projects while allowing both onshore and offshore investors partial liquidity and a defined exit; and creating a flexible structure to accommodate new investments and the evolving regulatory landscape applicable to investments in the crypto space.
Approach: Lean staffing with a senior partner and a senior associate to quarterback the transaction with input from tax, blockchain, and offshore counsel as needed.
Outcome: Successful formation of a Cayman Island master fund structured as a segregated portfolio company, with a Delaware series limited partnership and a Cayman segregated portfolio company to serve as the onshore and offshore feeder funds, respectively.