International Private Fund Formation Brochure - SJ Berwin

Providing the benefit of broad experience
Many of the commercial, legal and tax advantages which are available for private
equity investments can also be used effectively where the portfolio comprises
quoted equity investments, real estate or other assets. Such arrangements are,
in a number of cases, structured as funds with carried interest and other terms
similar to those found in independent private equity funds.
Incorporating hedge funds and real estate financing specialists, the
international Private Funds Group can offer expert advice across a number
of structures and alternative asset classes. Just as the private equity model is
often adopted for real estate funds, so the hedge fund industry is influencing
the development of the private equity fund structure.
Another interesting development is the emergence of infrastructure and
renewable energy funds. These pose particular challenges: they are often
income generating funds, with a much longer holding period than funds
structured for capital gain. It is also often necessary to offer investors a range
of alternative exit routes and frequently the ultimate goal will be a flotation of
the fund itself.
We are at the forefront of these developments, pioneering alternative structures
that meet the evolving needs of the ever-changing market.
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