Investment Funds

White & Case advises on private fund formation, investor representation, secondary transactions and strategic GP advisory mandates. Given the cross-practice nature of our mandates, our Investment Funds team collaborates seamlessly with practitioners in other disciplines such as tax, regulatory (including CFTC, BHCA, ERISA and CFIUS), M&A, antitrust, fund finance, ESG and disputes. We draw on global teams with deep market insight to understand clients' needs and tailor appropriate solutions.

Our offering

Private fund formation

• Advise on the establishment, structuring and management of blind pool funds, separately managed accounts, deal-by-deal structures and co-investment vehicles across a broad range of private capital strategies
• Counsel emerging managers and sophisticated sponsors across private equity, real estate, infrastructure, credit, venture capital and impact funds
• Structuring experience ranging from traditional closed-ended structures to evergreen and semi-liquid structures

Investor representation

• Extensive work with sovereign wealth funds, pension funds, insurance companies and family offices on the deployment of billions of dollars into their private capital investment programs
• Deep insight into our clients' commercial, regulatory and policy needs
• Advise on primary investments, co-investments, secondary transactions and strategic arrangements with GPs
• Approach fund sponsor negotiations with balance and pragmatism

Secondary transactions

• Advise on numerous buy-side GP- and LP-led liquidity transactions, keeping on top of the terms and trends that shape this rapidly evolving market
• Deep experience with continuation funds, portfolio sales, fund recapitalizations and preferred equity transactions

Strategic GP solutions

• Extensive experience advising stakeholders on GP stakes and strategic solutions, a rapidly evolving sector in the funds space
• Integrate fundraising, secondaries and M&A experience to structure and implement solutions tailored to the transaction parties