Private Capital
Kleinberg Kaplan boasts a unique, leading position among law firms in the private capital space—advising private fund managers has been at the core of our firm’s practice for more than 50 years.
Our experience in Private Capital is both comprehensive and broad. Our clients range from start-ups and emerging managers to private fund managers with over $80 billion under management, and include many of the largest and most respected private capital investment firms in the industry. We are one of the true go-to firms for private capital firms, deftly handling all aspects of private capital investment firm and fund formation work, from inception through the entirety of their life cycle.
For decades, Kleinberg Kaplan has represented closed-end, evergreen and hybrid fund sponsors and their portfolio companies, covering a wide range of investment strategies and asset classes, including real estate, growth equity, venture capital and private credit. In addition to helping sponsors build their investment firms in the emerging and mid-market space, because of the depth and breadth of our private fund experience, Kleinberg Kaplan also brings a differentiated commercial and creative approach to bespoke and/or SMA-like work for private capital sponsors of all sizes, including large cap sponsors.
As our firm has been built to service the needs of private capital clients, our multi-disciplinary approach to advising clients allows us to efficiently deliver results when opportunities or challenges arise. Together with our Corporate Transactional and Finance and our Real Estate practice groups, we assist clients in executing portfolio investments and dispositions and offer continuing advice on formation, structuring, regulatory and securities issues. Lawyers in our Tax and Trusts & Estates practices present tailored and innovative solutions to clients, based on deep knowledge gained and keen judgment honed over decades in the industry. Our Litigation & Risk Management lawyers critically analyze the circumstances of a matter, develop a deep understanding of the stakes at hand, and zealously advocate on behalf of our clients.
In addition to our long history of being at the forefront of the private capital market, clients benefit from our approach to engagement teams, which focuses on hands-on, partner-level attention supported by lean teams. With a focus on entrepreneurial private capital sponsors, and being a law firm that itself prizes entrepreneurialism, Kleinberg Kaplan also prides itself on designing alternative fee arrangements with its clients when it makes sense for an engagement.
We approach each engagement as a partnership with our clients—our priority is to understand your business and your strategic objectives, and we offer practical, commercial advice to help you achieve your goals. We consider ourselves business lawyers with a passion for helping our clients build, grow and protect a successful business in the private capital investment space.
Our Private Capital services include:
- Private Capital Firm and/or Fund Formation, including seed/anchor negotiations, upper-tier and fund design and documentation, capital raising and investor liaising or negotiation.
- Private Capital Transaction Counsel, including control and non-control investments, both domestically and internationally, distressed asset related investment work, debt and equity financing agreements for a broad range of private capital investments and the full spectrum of real estate related investment work.
- Private Capital Firm Compliance, including registrations, regulatory filings and compliance program design and implementation.
- Private Capital Firm General Counsel, including employment, compensation and tax planning, third party marketers and other consultants, leasing work, succession planning and service provider engagement negotiation.