Real estate fund formation

Private equity fund formation

Our management team is uniquely placed to provide practical advice in private equity fund formation and real estate fund formation, having experience in senior finance roles at fund managers and in the process of fund formation. We will sit alongside you, offering advice from first meeting right through to first close and beyond.

Typical areas where we are asked to assist are as follows:

• Recommendation of advisors such as lawyers (onshore and offshore), placement agents, FSA authorisation consultants, auditors and tax advisors
• Set up of fund infrastructure including anti money laundering, bank accounts, and writing procedures and operating manuals for running the fund
• Establishing the asset level network for property management and SPV accounting
• Provision of FSA operator
• Review of fund legal documents, such as the narrative and calculations in the PPM
• Reviewing documentation against latest trends to identify issues arising from the perspective of operations, reporting, and administration
• Review or development of financial models, such as the fund cash-flow forecast, or deal track record
• Practical advice on how to deal with investors' questions during the due diligence process and on what investor reporting should look like and how best to deliver it
• Discussion of accounting policies and implications for running the fund
• Analyzing and advising on the reporting implications of side letters
• Assistance in identifying non-executive directors in offshore jurisdictions
• Assistance with running the management company including accounting, VAT, procuring payroll services and FSA returns

Please contact us to receive our guide to the establishment of new funds publications@langhamhall.com