Many fund managers raise parallel funds, alternative investment vehicles (AIVs), or special purposes entities that focus on single investments among their various flagship investment fund offerings ...
Private equity structures often use “blockers” to achieve certain tax benefits. In this Legal Update, we explain what blockers are, how they may be used in a subscription credit facility, and what ...
Almost three dozen fund providers have requested approval from the SEC to use Vanguard’s previously patented ETF-as-a-share class fund structure. The unique hybrid structure essentially bolts an ETF ...