A legal blog on private funds, startups, and venture capital.

Tag Side Letter

Private Equity and Hedge Funds

Using Side Letters in Private Funds

At some point, while raising capital for a private fund, you will likely be asked by one or more potential investors to enter into a side letter. Here are some practical pointers on the top issues you'll encounter.

Alexander J. Davie
November 29, 2017

Private Equity and Hedge Funds

Make sure you reference any fund “gate” provisions in your side letter agreements.

Recently, the Delaware Chancery Court ruled on a dispute that heated up between a hedge fund manager and the fund’s seed investor. First, a quick summary of the events leading up to the case: A seed investor provided a large…

Alexander J. Davie
September 13, 2011