For Emerging Managers

Empowering Fund Managers to Launch, Scale, and Succeed

At Lazarus, we understand the unique challenges faced by emerging fund managers navigating their first fund launches or expanding operations. Our goal is to simplify complexity, protect your interests, and help you establish a foundation for long-term success. With expertise in fund formation, tax structuring, and investor negotiations, we provide tailored solutions that align with your vision.

Our Approach

  • We offer end-to-end support for fund managers, helping you structure your fund, attract investors, and comply with regulatory requirements. From crafting tax-efficient structures to negotiating side letters, we ensure every detail is addressed.

  • We design strategies that not only meet your immediate needs but also position you for future success. Whether it's launching your first fund or preparing for a second, our solutions grow with your ambitions.

  • As a boutique firm, we provide the personalized attention you need while delivering the level of expertise expected from the industry’s top firms.

Core Services for Emerging Managers

  • Fund Formation

    - Design and structuring of tax-efficient private equity and venture capital funds.

    - Drafting Limited Partnership Agreements (LPAs), Private Placement Memoranda (PPMs), and investor-facing documentation.

    - Advising on jurisdiction selection and regulatory compliance.

    More

  • Investor Representation

    - Negotiating side letters and fund terms to secure favorable conditions.

    - Ensuring compliance with governance, reporting, and disclosure requirements.

    More

  • Transactional Advisory

    - Assisting with capital raising, co-investment vehicles, and fund restructurings.

    - Guiding mergers, acquisitions, and joint ventures involving fund managers.

    More

  • Tax Planning

    - Providing cross-border tax strategies to maximize returns and minimize risks.

    - Ensuring compliance with FATCA, CRS, and other global regulations.

    More

Why Choose Lazarus?

  • We specialize in supporting first-time and growing fund managers, delivering solutions that address your unique challenges.

  • Our services evolve as your fund grows, ensuring alignment with your long-term goals.

  • With experience in cross-border fund structures, we help you navigate international markets and regulatory environments.

  • We prioritize collaboration and act as a trusted advisor throughout your journey.

Representative Transactions

  • Assisted an emerging manager with the formation of a $50 million venture capital fund targeting early-stage technology investments.

  • Structured a co-investment vehicle for a first-time fund manager, attracting institutional LPs with tailored terms.

  • Guided an impact-focused fund through regulatory compliance and cross-border tax planning for investments in Sub-Saharan Africa.

  • Advised a new private equity firm on LP negotiations and governance structuring to attract endowment investors.

The transactions listed above include experience our attorney gained at prior firms.

FAQs

What documents are required to launch a fund?

Core documents include the Limited Partnership Agreement (LPA), Private Placement Memorandum (PPM), subscription agreements, and regulatory filings. We guide you through drafting and finalizing these documents to align with investor expectations and compliance requirements.

How do you help attract investors to my fund?

We create tailored fund structures and negotiate terms that align with investor expectations, ensuring your fund is competitive in the market. Our expertise in side letter negotiations and governance rights helps secure commitments from institutional LPs.

What compliance requirements should I be aware of?

Compliance requirements vary by jurisdiction but may include AML/KYC obligations, FATCA and CRS reporting, and registration with regulatory bodies. We help you navigate these requirements to avoid legal and reputational risks.

Can you assist with cross-border fund structures?

Yes, we specialize in designing tax-efficient structures for funds with international investors or investments. Our expertise ensures compliance with global regulations while optimizing returns.

What is your approach to tax planning for emerging managers?

We develop bespoke tax strategies that address the specific needs of your fund and investors, including minimizing tax leakage, managing withholding obligations, and ensuring compliance with multi-jurisdictional regulations.

How do you support growth beyond the first fund?

Our solutions are designed to scale with your ambitions. We assist with subsequent fund launches, co-investment vehicles, and fund restructurings, ensuring your operations remain efficient and compliant as you grow.

What is your fee structure for fund formation?

We offer flexible fee arrangements, including project-based pricing or retainer models, to accommodate the specific needs and budgets of emerging managers.

Move Forward with Confidence

Whether you're launching your first fund or preparing for the next phase of growth, Lazarus PC is here to provide the strategic counsel and support you need. Let us partner with you to build a fund that stands out and succeeds.

With Lazarus, you’re ready for what’s next.