Private Equity and Venture Capital

  1. Private Equity Fund Structure and Operations
    1. Fund Documentation
      1. Limited Partnership Agreement
        1. Capital Commitment Terms
          1. Management Fee Provisions
            1. Carried Interest Structure
              1. Distribution Waterfall
                1. Governance and Voting Rights
                  1. Transfer Restrictions
                  2. Private Placement Memorandum
                    1. Investment Strategy Description
                      1. Risk Factors and Disclosures
                        1. Fund Terms Summary
                          1. Manager Background and Track Record
                          2. Subscription Documents
                            1. Investor Qualification Requirements
                              1. Capital Commitment Process
                                1. Know Your Customer Compliance
                              2. Fund Lifecycle Management
                                1. Fundraising Phase
                                  1. Marketing Strategy and Materials
                                    1. Investor Meetings and Due Diligence
                                      1. First Closing and Subsequent Closings
                                        1. Capital Commitment Timing
                                        2. Investment Period
                                          1. Deal Sourcing and Evaluation
                                            1. Capital Deployment Strategy
                                              1. Portfolio Construction
                                                1. Reserve Management
                                                2. Harvesting Period
                                                  1. Exit Planning and Execution
                                                    1. Distribution Management
                                                      1. Portfolio Monitoring
                                                      2. Fund Liquidation
                                                        1. Final Asset Dispositions
                                                          1. Remaining Investment Management
                                                            1. Partnership Dissolution
                                                          2. Fund Economics and Fee Structure
                                                            1. Management Fees
                                                              1. Fee Calculation Methods
                                                                1. Fee Base Determination
                                                                  1. Fee Step-Downs Over Time
                                                                    1. Expense Allocation
                                                                    2. Carried Interest
                                                                      1. Performance Fee Structure
                                                                        1. Hurdle Rate Requirements
                                                                          1. Catch-Up Provisions
                                                                            1. Clawback Mechanisms
                                                                              1. Tax Treatment
                                                                              2. Distribution Waterfall
                                                                                1. Return of Capital
                                                                                  1. Preferred Return Distribution
                                                                                    1. Catch-Up Distribution
                                                                                      1. Carried Interest Distribution
                                                                                        1. Deal-by-Deal vs. Fund-Level Carry
                                                                                      2. Fund Governance and Reporting
                                                                                        1. Limited Partner Advisory Committee
                                                                                          1. Valuation Policies and Procedures
                                                                                            1. Conflict of Interest Management
                                                                                              1. Regular Reporting Requirements
                                                                                                1. Annual Meetings and Communications

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                                                                                              1. Foundations of Private Equity and Venture Capital

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                                                                                              3. Venture Capital Investment Framework