Advice across the investment spectrum
We represent institutional investors in more than 2,000 transactions each year. Our clients include public and private pension funds, endowments, sovereign wealth funds, funds of funds, family offices, insurance companies, supranational organizations, and development finance institutions.
We provide a full range of customized legal services and strategic advice, from underwriting large investments in funds and co-investment transactions to reviewing documents for smaller investments or follow-on investments. And we help solve governance, regulatory, compliance and operational challenges.
“DLA Piper has a deep international bench with expertise across multiple jurisdictions - they are commercial, creative and solutions-oriented.”
Our deep experience in the market translates to invaluable insights into the latest structures and investment trends as well as the current state of key terms. With offices around the world, we have in-depth knowledge of the local markets and the political, tax, regulatory and economic environments in which you operate.
And with close collaboration across our tax, regulatory, compliance, real estate, finance, and transactional groups, you get seamless, comprehensive support.
Awards and recognition
Representative services
- Due diligence review and negotiation of onshore and offshore alternative investment offering memoranda, partnership agreements, subscription documents, investment management agreements and other governing documents
- Drafting and negotiation of side letters, completion of subscription documents, and review of most favored nations elections
- Investment structuring, fee model development and drafting of governing documents for captive funds, separately managed accounts and direct investments (including drafting of investment guidelines and customized management and performance fee arrangements)
- Review and negotiation of direct and structured co-investments
- Secondary transactions, including portfolio sales, affiliate transfers, private tender offers, and GP-led continuation vehicles
- Pre-closing transaction reviews and post-closing deal summaries
- Amendment reviews
- Post-closing oversight matters for investors and advisory committees, such as general partner removal and valuation disputes
- Advice on key economic terms, risk allocation, governance and conflicts of interest, investor-specific confidentiality issues, liability issues, securities law, tax law, general partner removals and fund term extensions
