Institutional Investors

Preserving Value, Enhancing Returns

At Lazarus, we understand the complexities institutional investors face when navigating private equity, venture capital, and other alternative investments. Our expertise lies in protecting your interests, maximizing value, and ensuring compliance at every step. Whether you're managing pensions, endowments, family office portfolios, or sovereign wealth funds, we provide the strategic counsel and precision you need to achieve your objectives.

What We Can Do For Institutional Investors

  • Protect your investments with well-negotiated agreements.

    • Draft and negotiate Limited Partnership Agreements (LPAs) tailored to your investment strategy.

    • Review and negotiate side letters to ensure your key requirements, including transparency, governance rights, and bespoke reporting, are met.

    • Conduct thorough reviews of fund structures to assess compliance, tax efficiency, and risk management.

  • Streamline liquidity events and optimize outcomes.

    • Advise on secondary fund interest sales or purchases, ensuring favorable pricing and terms.

    • Structure transfer agreements to mitigate tax and regulatory risks.

    • Facilitate seamless transitions in fund restructurings, including GP-led secondaries.

  • Ensure alignment between fund managers and your interests.

    • Provide guidance on securing Limited Partner Advisory Committee (LPAC) seats.

    • Review governance frameworks and fund documentation for transparency and accountability.

    • Address disputes or concerns with fund managers, ensuring adherence to agreed terms.

  • Maximize post-tax returns with strategic planning.

    • Analyze cross-border investment structures for compliance and tax efficiency.

    • Advise on withholding tax, treaty benefits, and foreign tax credit planning.

    • Develop strategies for managing tax exposures during fund distributions or exit events.

  • Make informed decisions with expert analysis.

    • Perform legal and operational reviews of fund managers and their track records.

    • Evaluate fund documents for alignment with your investment mandate and risk tolerance.

    • Assess ESG compliance and other non-financial criteria critical to your institution’s goals.

  • Navigate intricate deals with confidence and precision.

    • Represent your interests in co-investment arrangements and direct deals.

    • Support bespoke investment structures, including feeder funds, SPVs, and joint ventures.

    • Assist with restructuring investments during fund transitions, spin-offs, or wind-downs.

Why Choose Lazarus?

  • Our boutique size allows us to provide highly personalized service while delivering BigLaw-level expertise. We work selectively with clients to ensure every matter receives our full attention and resources.

  • Whether negotiating bespoke fund terms or advising on sophisticated tax structures, we have a track record of delivering value in high-stakes situations.

  • Institutional investors require counsel they can trust. We prioritize clarity in communication, proactive problem-solving, and unwavering accountability.

Representative Transactions

  • Negotiated side letters for a leading pension fund in Europe, securing governance rights and tailored reporting obligations.

  • Represented a U.S.-based family office in navigating a $50 million investor-led secondary transaction.

  • Provided cross-border tax planning for a sovereign wealth fund, optimizing returns across multiple jurisdictions.

  • Advised a university endowment on compliance and investment restructuring during a fund acquisition.

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

Insights for Institutional Investors

  • Key Side Letter Terms for Institutional Investors: What You Need to Know

    For institutional investors in private equity, side letters are essential tools to tailor the terms of their investments to meet specific legal, regulatory, tax, and strategic requirements. The Limited Partnership Agreement (LPA) provides the general …

    Read More

  • Navigating Regulatory Challenges: A Guide for Global Investors

    Investing in international markets offers significant opportunities for growth and diversification. However, these opportunities come with complex regulatory challenges that can impact the success of your investments. This guide will provide …

    Read More

  • The Growing Importance of Impact Investing for Family Offices

    As global challenges such as climate change, social inequality, and sustainable development become increasingly urgent, the role of family offices in addressing these issues has never been more critical. Impact investing has emerged as a …

    Read More

FAQs

What types of institutional investors does Lazarus serve?

We work with pensions, endowments, family offices, sovereign wealth funds, and other institutional investors managing private equity, venture capital, and alternative investments.

How do you protect our interests during fund negotiations?

We take a holistic approach to fund negotiations, focusing on both legal protections and tax efficiency. This includes securing favorable terms such as governance rights, reporting obligations, and tailored provisions in side letters while ensuring tax strategies align with your broader investment objectives. Our goal is to mitigate risks and optimize outcomes.

What is your approach to cross-border investments?

We specialize in developing strategies that integrate legal and tax considerations for cross-border investments. By addressing regulatory requirements, compliance challenges, and tax implications upfront, we ensure that your investments are structured for maximum efficiency and minimal risk, no matter the jurisdiction.

Can you assist with secondary transactions?

Yes, we provide comprehensive support for secondary transactions, covering legal due diligence, tax structuring, and compliance issues. Whether you are buying or selling fund interests, we ensure the process is seamless and aligned with your strategic goals.

What is your process for structuring tax-efficient investments?

Our process begins with a thorough analysis of your investment strategy and jurisdictional requirements. We design bespoke tax structures to optimize returns, minimize exposure, and ensure compliance with evolving regulations, all while aligning with your legal and financial goals.

What is your fee structure for institutional clients?

We offer flexible fee arrangements, including retainer-based models and tailored pricing, to ensure alignment with your investment strategy and objectives. Our transparent fee structures reflect our commitment to delivering exceptional value.

How do you manage confidentiality and conflicts of interest?

We maintain strict confidentiality in all engagements and adhere to the highest ethical standards. Potential conflicts of interest are identified and addressed transparently to ensure that your interests remain our top priority.

Move Forward with Confidence

At Lazarus, we specialize in helping institutional investors navigate complexity, mitigate risks, and achieve their long-term goals. Whether you’re negotiating fund terms, managing compliance, or structuring investments, our expertise and personalized service ensure your success.

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