Leveraging capabilities across various disciplines within the firm, Massumi + Consoli’s Investment Funds practice draws on its vast experience and deep network of industry connections to counsel a diverse group of investment fund clients, including emerging managers and first-time funds, on the complex legal, regulatory, tax and commercial challenges that they face.

Working in tandem with the firm’s Private Equity, M&A, Finance and Tax practices, our team delivers a cross-disciplinary approach to deliver market insights and customized commercial advice at all stages of the investment management life cycle.

We have extensive experience working with investment fund clients across a broad range of alternative investment strategies, including buyouts, growth equity and credit funds.

At the fund level, we work closely with clients on the structuring, formation and fundraising of private investment funds and other investment arrangements. We provide continuing counsel post-fundraise on matters relating to fund operations, fund finance, investor relations and portfolio management, as well as liquidity solutions and “end-of-life” issues.

At the firm level, our team advises clients on GP seed and stake transactions, the establishment of new investment firms and the launch of new investment business lines, as well as the structuring of their internal governance and compensation arrangements.

Our Investment Funds lawyers cultivate strong relationships with leading investment managers, capital allocators, placement agents, accountants, fund administrators and other advisors in the private capital ecosystem. This ensures we remain abreast of the latest market trends, including fund terms, investor negotiations, fundraising channels, fund structure options, tax and executive compensation issues and other relevant trends for clients.

Our practice has substantial experience advising clients on a broad spectrum of GP advisory and private fund liquidity matters, such as GP-led secondaries and continuation vehicles (including portfolio, single-asset and strip sales), GP-stakes transactions (including seed investments, growth capital and succession planning transactions), net asset value (NAV) credit facilities, preferred equity solutions, complex secondaries transfers (including tender offers and stapled transactions), fund restructurings, GP-replacements and private funds special situations.

When it comes to first time funds and emerging managers, we understand that these managers face an array of unique challenges that significantly differ from those of established firms. Our team has extensive experience partnering with the next generation of investment fund managers, including spin outs, industry executives, bank carve-outs and team-ups, to help them launch their firms, raise funds and position themselves for long-term success.

Our team also advises, on a selective basis, leading institutional investors, on their alternative investment strategies, including setting up internal investment and fund management structures and advising on financing and liquidity solutions.