Seminar Focus: What's InvolvedIn Organizing Private Equity Funds

The New York City Bar Association is offering a video replay of a CLE seminar titled Negotiating Private Equity Limited Partnership Agreements.

The program will take place on Thursday, August 16 from 9 a.m. to noon at the House of the Association, 42 West 44th Street, New York City.

This program will provide an overview of the contractual, regulatory and market issues involved in organizing different types of private equity funds, including leveraged buyout funds, venture capital funds and mezzanine funds. It will cover the basic terms and conditions found in almost all private equity funds, including those relating to distribution waterfalls, management fees, investment limitations, "key person" triggers, "no-fault divorces" and "clawbacks."

The program will also consider the various structures for private equity funds and address the issues arising from the arrangements among the professionals of a private equity fund.

The program chair is Marco V. Masotti, Paul, Weis, Rifkind, Wharton & Garrison LLP.

For information on program fees and available CLE credits, see the Bulletin Board on The Metropolitan Corporate Counsel website at www.metrocorpcounsel.com.

To register for the program, call (212) 382-6663 or visit www.nycbar.org.